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The Money Marketing Podcast: Could commission make a comeback?

The Treasury’s Financial Advice Market Review is set to transform the advice industry. Earlier this month Money Marketing revealed how the review’s expert panel may recommend reintroducing some form of commission to help fill the advice gap. In this week’s podcast, Old Mutual Wealth’s Carlton Hood argues in favour of providers paying some of the […]

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The flip side of commission: Debate rages over risks of consumer detriment

Radical plans to re-introduce commission have split the industry as the FCA grapples with the question of how to encourage advisers to serve the mass market. Earlier this month, Money Marketing revealed the Financial Advice Market Review panel is considering a proposal to allow providers to pay commission to advisers, subject to strict safeguards to […]

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FCA: Providers failing on retirement risk warnings

Providers are failing to provide effective risk warnings to savers looking to access their pensions, the FCA says. In its October report into pensions guidance and advice, the Work and Pensions committee advised the FCA to strengthen rules around signposting and risk warnings. And now the regulator has admitted concerns with the quality of risk […]

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FCA warns on self-cert mortgages

The FCA is warning consumers of the risks of self certification mortgages after the launch of a new lender earlier this month. The lender, selfcert.co.uk, is based in Prague and is passporting into the UK using the Electronic Commerce Directive. Self-cert mortgages – known frequently as ‘liar loans’ because they do not require borrowers to […]

Developing your personal relationships – Webex

Read more 9amFinancial advisers and solicitors working together Presented by Ian Muirhead, director & chairman at Solicitors for Impartial Advice (SIFA) Listen to Ian’s expert insight and experiences of how financial advisers and solicitors can work together to deliver mutual benefit and enhanced client outcomes. Register here 10am Financial advisers and accountants working together Presented […]

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