It is often falling to IFAP to identify the status of an adviser because the FSA does not do so.Of course, this is part of IFAP’s work but it does not cover all independents and no multi-ties or tied advisers. The question is whether it should be the FSA’s business to know the status of an adviser. The answer is probably yes. This is a changing market. To take one example, Edward Jones, with around 120 branches, is now whole-heartedly whole of market rather than independent. It may not be an absolute priority, with mortgage and general insurance coming within its remit, but at some stage the FSA should get to know just how many advisers there are and what their status is so it knows who are advising the British public and in what way they are being advised.
Tracker Protected Profits Fund
A monogamous relationship with a specialist mandate can force managers to bypass pot- entially lucrative opportunities.
A leading barrister has accused some solicitors of being so prejudiced against equity-release products that they are interfering in the advice process. At an equity-release round table organised by GE Life, barrister and consultant Tish Hanifan called for the role of solicitors within the equity-release advice process to be clarified as many mistrust or do […]
James Phillipps reports on the ramifications of the latest rule change
Capital Market Notes, December 2016 Dave Lafferty, chief market strategist at Natixis Global Asset Management, assesses the accuracy of his 2016 outlook and provides his thoughts and outlook for 2017. Click here to read the full article
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