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IFACare says new FSA rules offer greater protection for OAPs

Association for long term care advisers IFACare says the new FSA regulation of LTC advice, products and regulation will bring greater protection for elderly people. IFACare chairman Graham Fidoe says the increased retired population will restrict the amount of help that Government and the local authorities can provide. He welcomes the new rules will help elderly people and their families who are considering the need to plan for present or future LTC fees.

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IFAP offers net deal in return for higher fees

IFA Promotion members are to be given the option of paying higher membership fees to enhance the potential benefits they receive through the body. Last week, Money Marketing reported that chief executive David Elms is urging advisers to recognise the value that IFAP offers to their businesses and be willing to pay for it. For […]

Abbey for Intermediaries urges caution on S32s

Extreme care is needed when selecting Section 32 contracts to preserve tax-free cash entitlement in the run up to 6 April 2006 says Abbey for intermediaries. Unless the individual has opted for protection against the lifetime allowance charge, and their tax-free cash entitlement at A-day exceeds £375,000, the protection for the tax-free cash entitlement is […]

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Our private pension industry has been a cornerstone of our economy for decades and the pension industry has generated billions for investment in UK and world stockmarkets. Our private pension system has been the envy of our EU partners but there are cracks appearing and private pensions are under pressure, in serious danger of being […]

Aifa should set out its plans for future

It is time for IFA trade and representative bodies to ask themselves and their members some difficult questions. This week sees the Money Marketing Virgin One State of the IFA poll suggest that not all IFAs are happy with Aifa&#39s status as a representative organisation for IFAs, multi-ties and mortgage intermediaries. Many believe that independent […]

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