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Advisers blast ‘crazy’ Pension Wise ad ban

Advisers have lambasted “crazy” Government rules which have led to the withdrawal of TV advertising for Pension Wise in the months surrounding pension freedoms. The service was set up to provide guidance to customers unsure of their options under the new rules, which came into force this week. But advisers have warned that strict limits […]

Stephen Gazard SBG MD 700
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Sesame to close financial adviser school

Sesame is to close its Financial Adviser School and is consulting with staff affected by its decision to scrap its investment advice network. In March, Sesame Bankhall Group announced it will no longer operate as a network for investment advisers as part of a fundamental overhaul of the business. In an update to members today, […]

Bowerteam

Advice firm pulls out of Bower Retirement integration deal

A deal to integrate independent financial adviser Sixty Plus into Bower Retirement Services has fallen through, just under a month after it was first announced. Bower revealed plans to recruit Sixty Plus’ seven staff in mid-March, with managing director David Wright joining to serve as an adviser. However, Bower has now confirmed that the deal […]

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Conservatives to appoint Ros Altmann consumer protection minister

Ros Altmann is to be made a peer and appointed as a minister responsible for financial consumer protection and education, if the Conservatives are in government after the election. Altmann’s first task will be to lead a review of the pension reforms, including the future of the Money Advice Service and whether a charge cap […]

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