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IFA suspended over watchdog award

The PIA has suspended the investment business of IFA Complete Financial Services of Hillside, Bishops Walk, Shirley Hills, Croydon because it has failed to comply with an award made against it by the ombudsman.

The award was made in August and the firm is contesting the decision and has failed to offer redress to the complainant. If the IFA pays the award, it can reapply to the PIA for leave to resume investment business.


Talbot & Muir set up Sipp arm

Nottingham based pension specialists and pensioneer trustee Talbot & Muir is establishing a separate company of TM Sipp Services aiming to provide IFAs with expert self invested personal pension administration.It has also announced the appointment of former Framlington regional sales manager Martin Hipwell to further develop its Sipp business in a new role.Talbot & Muir […]

CML warns housing market will slow

The terrorist attacks on New York may slow the UK housing market more than previously forecast, the Council of Mortgage Lenders is warning. Director-general Michael Coogan says the trade body may have underestimated the impact of the terrorist atrocities due to the continued strength of mortgage lending, which hit a record high last month. He […]

Markets continue plunge at 3pm

The FTSE100 has continued its steep descent losing 7.33 per cent since today’s opening.The panic selling, mirrored on stock exchanges round the world, means that the FTSE100 has lost nearly 900 points since last week’s atrocity in America.Plan Invest joint managing director Mike Owen says: “All of us expected a sharp fall on Wall Street […]

Poor outlook for airline sector

Shares in US airlines were hit in their first day of trading after last week&#39s terrorist attacks, with Continental&#39s shares closing down 49 per cent yesterday and American Airlines parent AMR down 39 per cent.Airlines across the world announced staff cuts, with US Airways axing 11,000 jobs and Virgin Atlantic cutting 1,200 jobs. Most airlines […]


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