Recommended

US-USA-America-Federal-Reserve-Fed-700x450.jpg

Yellen says US ‘can handle’ rate rise

US Federal Reserve chair Janet Yellen says the US economy is strong enough to bear an interest rates rise, giving a further hint that the central bank will move in December. Yellen told Congress the US is reaching a point where it can handle an interest rate rise that will show “how far our economy has come in recovering […]

Advice advisers eraser
19

Long-stop would have barred just nine complaints last year

A long-stop on advice complaints would have affected just nine cases handled by the Financial Ombudsman Service last year, Money Marketing can reveal. The Government is consulting over a potential limit to advisers’ liabilities where advice was given more than fifteen years ago. However, a Freedom of Information request by Money Marketing reveals there were […]

14

Chris Gilchrist: FCA deserves ridicule for ‘consumer engagement’ stance

Imagine the boss of car safety regulator VCA saying “consumer engagement with cars is essential” or the boss of the Medicines and Healthcare Products Regulatory Authority saying “consumer engagement with pharmaceuticals is essential”. These bosses would first be ridiculed and then fired. Yet the FCA’s request for input to its Financial Advice Market Review contains […]

The What of Trusts: Gift Trusts(part 1)

Helen O’Hagan, Technical Manager at Prudential looks at the concept of trusts, starting with Gift trusts and why they can be confusing and complex for many advisers. W – why use a gift trust?H – how to set up a gift trustA – access for the settlor and beneficiariesT – taxation of the trust WHY […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment