Unions representing 1.5 million local council workers are to ballot for strike action over plans to raise their retirement age from 60 to 65. These workers were excluded from DTI Secretary Alan Johnson’s deal with other public sector workers.
If I were a member of your monitoring department and I found an IFA peddling a description of income withdrawal as below, I would take action against that firm for misleading investors. However this is taken from your own website. Please remove it or change it and provide us with an explanation of why you […]
Webline is the latest portal partner to link with Bright Grey on its extranet offering, giving IFAs using its services the opportunity to access the providers protection menu product.The service will allow applications to be pre-populated using click through technology. The extranet went live on January 9 and has so far received over 2,500 online […]
IFA firm Prescient Financial Intelligence has just witnessed its 1000th client 16 months since its launch in August 2004. The firm, with offices in Exeter, Glasgow, London and York, employs a strategy of targeting small asset managers and discretionary fund managers that are lacking the financial services capability to provide Sipp and IHT solutions to […]
Fees under pressure. Regulatory moves against closet indexers. Rapid advances in financial technology. Shifting sentiment among investors. Such mounting challenges have led to widespread speculation about active management’s shrinking future. But a closer look inside intelligent portfolio construction today tells a story of expanding roles, added value, and innovative risk-adjusted, lower-cost solutions. Four investment experts […]
Sipp and defined benefit transfer complaints to the Financial Ombudsman Service have dipped slightly in the first three months of the financial year. FOS publishes complaints data on a quarterly basis running in line with its financial year. In Q1 2019 – April to June – it received 178 complaints about occupational pension transfers and […]
The FCA has continually “fobbed off” concerns that firms are directly poaching each other’s clients, complainant from an advice firm = has told the Complaints Commissioner. The complainant, classed as a sole trader, says the regulator should have acted when they complained their clients were poached by a larger IFA firm, Firm X. The poaching […]
Where and how the newly-formed government could introduce tax and fiscal changes So we have a new prime minister and a new chancellor of the exchequer. We had an indication, before his confirmation as leader of the Conservative party and thus as PM, that Boris Johnson generally favours a low-tax environment. While campaigning to become […]