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FSA offers free surgeries in the South

The FSA is offering financial advisers, mortgage intermediaries and general insurance brokers in Bournemouth, Portsmouth, and Southampton free surgeries in May.
The surgeries will take place in Bournemouth on 15 May, Portsmouth on 16 May and Southampton on 17 May.
They are one-to-one appointments, lasting up to one hour, with a member of FSA staff and allow firms to raise any regulatory queries they have.
An FSA spokesman says: “The FSA is committed to providing help to small firms and making the FSA easier to do business with. The FSA has already introduced targeted information and resources for small firms as part of its ongoing commitment to make it easier to do business with.
These include small firms application packs, a single invoice for all fees, payments by instalments, e-learning packages, a more targeted website for small firms, roadshows, surgeries and improvements at the Firm Contact Centre.”


Hook, lien and sinker

Aegon fixed-income manager Iain Buckle says the American sub-prime crisis is bringing problems in the fixed-income sector as borrowers are defaulting and leaving second-lien mortgages which have been sold on by the lenders and packaged to investors as asset-backed securities.

Zurich finally unveils its A-Day range

Zurich is finally introducing its new pension offering more than a year after A-Day.The company has made several changes to its flexible drawdown plan, including the introduction of a new protected rights drawdown facility.This will enable clients to invest their protected rights and non-protected rights funds in the Zurich drawdown plan for the first time.The […]

Baring applies for distributor status

Baring Asset Management has applied for UK distributor status for three of its offshore multi-manager funds to attract retail investors through IFAs.

Support services firm opens

National IFA 2Plan has started operations. The firm has been set up by former Positive Solutions directors Chris Smallwood and Chris Davies and is backed by Standard Life. It will provide support services to self-employed IFAs.


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