The FSA has appointed Kay Blair as vice-chairman of the Financial Services Consumer Panel, succeeding Adam Phillips, who became chairman in July.
One of the most intriguing features of the Tory conference last week was the new egalitarianism suddenly discovered by its most senior party figures. A classic example came in a speech delivered by Shadow Chancellor George Osborne to the party faithful. Mr Osborne told his audience, both in the conference hall and at home, there […]
The Association of Investment Companies has warned the Alternative Investment Fund Managers Directive risks increasing consumer costs.
The High Court has ruled that the Government unlawfully rejected the Parliamentary Ombudsman’s findings that maladministration had caused injustice to Equitable Life policyholders, in a hearing today.
Skandia chief development officer Peter Mann is calling for the RDR to be phased in between 2012 and 2014. Speaking to Money Marketing at the Honister Capital conference in Brighton last week, Mann said the timescale for the RDR does not “feel right” and is suggesting that the FSA pushes back the phasing-in period so […]
Helen O’Hagan, Technical Manager at Prudential, looks into the planning strategies that can deliver considerable tax savings for your clients. Inheritance tax (IHT) Consider Margaret, featured on our Planning Matters family hub, who is a sprightly eighty year old with four children and several grandchildren. She’s recently been widowed and IHT planning is high on […]
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Almost a third of women in the asset management industry have experienced sexual harassment in the workplace, according to a new survey, as Fidelity and the Worldwide Healthcare Trust dismiss fund managers due to inappropriate behaviour. A global survey by the Financial Times reveals 32 per cent of women working in asset management have experienced […]
The pensions industry has welcomed government reforms to boost auto-enrolment while raising concerns about their limited scope and time it will take to implement them. In its much anticipated review into auto-enrolment the government says it will lower the age at which people are eligible for a workplace pension from 22 to 18. The government […]
Such products should not be off limits for all but record keeping is key