Recommended

25

Tip of the iceberg: FCA sets its sights on adviser charges

The FCA plans to shake up the investment industry after its long-awaited interim report on fund charges found active management fails to justify high fees for lacklustre returns. The watchdog has put forward a number of reforms for the market, including an “all-in fee” for funds, greater clarity on fund charge communication, better identification of underperformance, and easier […]

Steve Bee: Auto-enrolment can kickstart a workplace benefits revolution

I have always been a staunch supporter of the auto-enrolment reforms; reforms that came to be following the demise of the State Second Pension. That strange experiment – the provision of a second, earnings-related state pension that has covered half the UK workforce since 1963 – has been a complete disaster. It has held back the spread of workplace […]

Schroders-Building-2013-700.jpg
5

Schroders: ‘We’re not buying distribution with Best Practice stake’

Schroders says it is not adopting a strategy of buying up distribution following its investment in network Best Practice and its parent company Benchmark Capital. Money Marketing revealed last week Schroders has taken a “significant” stake in Benchmark Capital for an undisclosed sum. As well as network Best Practice, Benchmark Capital includes chartered IFA Aspect […]

9

Is the FOS finally listening to advisers’ concerns?

My last column looked at the work we have been undertaking with the FCA to provide guidance on suitability reports. The aim of this guidance is to give advisers greater confidence on how to structure information in a way that encourages consumers to engage with the report document, while protecting themselves in the event of […]

Canada Life annual IHT survey results

75% of wealthy unaware of new residence nil rate band IHT allowance Just 4% were aware the new allowance will be up to £175,000 per individual Lack of awareness of IHT rules means families risk paying a bigger bill than they need 83% think the current inheritance tax rules are far too complex A remarkable […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment