The FSCS has declared 43 firms in default. The list of firms, available on the FSCS website at www.fscs.org.uk , includes Worcester based John Coverdale Associates, Stafford-based P D C Insurance Services and Kent-based Alder Broker Group.
The Pensions Regulator is developing a free e-learning programme for pension trustees. The programme is available on the regulator’s website and will form the basis of a voluntary qualification for trustees to be launched by the Pensions Management Institute in April. The first tranche will be available in January and will cover units one and […]
Scottish Life head of pension strategy Steve Bee criticises the amount that the Government is spending to promote stakeholder when he says it is unsuitable for millions of people. Bee says it is crucial to get the public to save more but claims it is foolish to pretend that pouring money into this sort of […]
Optimism is as American as baseball and apple pie. And since the financial crisis, being optimistic about US equities has paid off: they have outperformed every other major developed market by a comfortable margin. Yet while there remain plenty of good reasons to be optimistic about US equities, Stephen Moore, manager of the Artemis US […]
A life expectancy tool that assesses longevity based on information including a health assessment from a qualified nurse is aiming to help advisers with defined benefit pension transfer advice. The FCA introduced a rule this year that advisers making a recommendation on a DB transfer must plan for a client living a “reasonable” period beyond […]
Discretionary fund manager charges have come under increasing scrutiny since the FCA launched its platform market study in July last year. The regulator is currently looking at the role of DFMs in the value chain to see if their charges are justified, with the results expected to be revealed later this summer. Money Marketing has […]
Once upon a time, almost every adviser entered the profession via major banks and providers. These players encouraged staff to take professional exams, providing a rich seam from which firms could mine an endless stream of young candidates keen to move into the more demanding independent advice sector. Once RDR took effect, we lost that […]