3 November 2016

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Ian McKenna: Making mortgage advice easier through technology

It has become far more difficult for mortgage advisers to provide potential borrowers with certainty their loan will be accepted in a post-MMR world. For the client, it can a very emotional process. Iress, working with Experian’s HD Decisions business, has introduced additional functionality to its Xplan Mortgage software that enables advisers to give clients […]

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Tony Wickenden: Preparing for flat rate pension tax relief

Since the freedom and choice regime was introduced last year, pensions have been a constant source of headlines. Only recently we have heard that the Government is not to proceed with the implementation of a secondary annuity market. And in the run up to Chancellor Philip Hammond’s first Autumn Statement on 23 November, there appears to […]

Banks are not out of the woods yet in fragile equity markets

Headlines over the past couple of months have been somewhat dominated by cakes and football. In September, the BBC lost The Great British Bake Off to Channel 4 (but without Mary, Mel and Sue, what’s left?), then, following an “error of judgement”, Sam Allardyce was sacked as England football manager after just one match (at […]

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Claire Trott: Time to undo past annual allowance mistakes

Working out how much you can put into a pension has never been the easiest thing. Over recent years, the variations on the annual allowance has only made it harder for higher earners and those seeking to access their benefits earlier in life. The issues could be enough to restrict the amount people pay into […]

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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 […]

Scott Gallacher: The benefits of growing your client bank

I am often surprised by other advisers that tell me they do not need to take on new clients. They feel they already have enough, so they do not undertake any advertising or marketing. Some do not even have a website. I am the first to accept an established adviser with a mature client bank […]

Robert Reid: Can Godfrey’s People’s Trust deliver?

The news former Investment Association chief executive Daniel Godfrey is going into direct competition with the groups that did not support his wish for transparency is something to be watched with interest. I have to say, the £100,000 being raised to kick-start the development of his new investment company The People’s Trust looks inadequate. I […]

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Paul Lewis: Paradox time in new state pension land

Here is an investment I promoted on my radio show recently. You pay £733 and in return you get a guaranteed annual income of £231 for life, index-linked by prices, earnings or 2.5 per cent, whichever is the highest. Isabel wrote in: “I asked my financial adviser but he didn’t know anything about it”. I […]