A new home-reversion plan exam unit is to be offered by the Chartered Insurance Institute to coincide with the introduction of more stringent FSA authorisation requirements to improve consumer protection.
The FSA has warned insurance firms to stop using misleading savings claims in their advertising or they will face regulatory action. The warnings relate to ads from 57 firms selling motor, home and travel insurance.
What is important is the vehicle that leads you to the online information.
The need for IFAs to outsource stockpicking is increasing butIFAs are still being put off using discretionary fund managers by cost and loss of control.The claims were made at a GE round-table debate in London last week where IFAs and fund managers discussed GE Life research on discretionary fund management. The research suggests that wider […]
New fund firm Psigma Asset Management has reassured advisers that Bill Mott will be managing the planned UK equity income fund for the long haul. IFAs have welcomed the return of Mott, a star of the equity income sector who called the TMT bubble correctly with handsome results for investors. But advisers have expressed concern […]
Clare Moffat, Technical Manager, looks at the benefits of pensions from an IHT perspective. 100% access and 100% discount – what type of wrapper could this be? A pension! Post flexibility there is 100% access (for those over 55) and normally pensions are inheritance tax (IHT) free. With flexibility the options available on death mean […]
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Latest from Money Marketing
Alliance Trust Savings’ new boss must “instil common sense” across the business and start to engage with advisers if they are to salvage the platform’s reputation, IFAs have said. Industry insiders have welcomed news of ATS chief executive Peter Mill’s departure, but say the platform needs to move quickly to fix its service issues. Frustrated advisers are […]
The FCA has said that the Financial Ombudsman Service does not need more guidance on how it should match the regulator’s rules with the complaints adjudicator’s judgments. While the FCA regulates firms according to its handbook, FOS decides on complaints based on a ‘fair and reasonable’ test, that is, whether the claim would be successful […]
The curious goings-on in the world of financial services