I don’t know how much more of this nonsense I can take. Joanne Segars is very knowledgeable when it comes to defined-benefit (final-salary based) pensions but the stance she is taking when representing the National Association of Pension Funds can only be because of vested interests. Let us hope that the Mad Hatter rejects her request for the Government to guarantee the Pension Protection Fund.
Hundreds of Aifa and AMI members have already pledged support to a campaign to have FSA regulatory fees reviewed and the regulator’s budgeting process overseen by the National Audit Office.
The move to wrap sneaks up on you. Piece by piece, the evidence amasses that this is the correct solution for clients and business, until it is so conclusive you wonder why you did not see it sooner.
MPs have questioned the tripartite authorities’ relationship after the Prime Minister claimed he had no idea the FSA had found failings in HBOS when considering James Crosby as the regulator’s deputy chairman.
Trevor Greetham, Head of Multi Asset at Royal London Asset Management, reveals why clients should be seriously concerned when short-term holdings of cash turn into a long-term investment. There is nothing wrong with holding wealth in the form of cash on a short-term basis. For many people capital stability is important and access to ready cash […]
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Phoenix is set to shed roles in a redundancy round following its decision to buy parts of Axa’s business last year. The closed-book provider snapped up Axa Wealth businesses Embassy, its off-platform investment and pension division and Sun Life, its direct protection business, in a deal signed last May, before also buying rival closed-book operation […]
Hargreaves Lansdown has removed Paul Chesson’s Invesco Perpetual Japan fund from the Wealth 150 list of recommended funds due to its volatile performance. Chesson, head of Japanese equities, has run the £318m fund since 2000 and takes a high conviction, contrarian approach to investing. Investment analyst Dominic Rowles says that while this has led to […]
Firms will not necessarily have to advise on every relevant investment product but it will be difficult to discount structured deposits