The IFAA fears that the FSA's proposals will invalidate IFA's professional indemnity insurance. Its main objection is that the proposed actuarial assumptions for assessing losses are based on economic conditions of 1998.
Capulet Financial Management financial planning director Richard Facer is issuing a county court summons against Stewart Kennedy, principal of lead-generation company Business Appointments, and not a county court judgment as stated in the February 12 issue.
The PIA has fined a Kent broker £10,000 after “serious concerns” were identified in a monitoring visit. It says Julian Harris Financial Consultants of Musgrove, Ashford, failed to seek relevant information about the circumstances and investment objectives of its clients and failed to organise and control its internal affairs in a responsible manner. The PIA […]
By Mark Martin, manager of the Neptune UK Mid Cap Fund, and Scott MacLennan, manager of the Neptune UK Opportunities Fund H1 2014• Equity markets continued to show strength: despite a strong rally in 2013 driven by a market-wide re-rating, equity markets continued to generate positive returns for investors. Economic activity continued to be stimulated […]
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
The latest update (version 10.3) to Apple’s mobile iOS operating system brings with it some useful features it is worth knowing how to activate. To me, the most valuable is to replace the existing four- or six-digit passcode with an alphanumeric one for additional security. You just cannot be too careful about security; we all […]
The chief executive on his retail sector-inspired plans to help investors make the right choice
Money Marketing recaps a great night for the profession