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PFS names NFU Mutual’s Nick Turner president

NFU Mutual sales and agency director Nick Turner has been named president of the Personal Finance Society for 2016/17. Turner takes over from Phoenix Wealth Management managing director Brendan O’Ciobhain who has now stepped down from the board. Turner’s appointment was announced at the PFS annual general meeting yesterday. He joined the PFS board in […]

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Richard Buxton: QE is the wrong policy for today

It appears Prime Minister Theresa May has decided to put an industrial strategy at the centre of her “Government for everyone, not just the privileged few”. While it has been confirmed this is not about the Government “picking winners”, I  am curious as to what exactly this strategy will be. It may be that once […]

LV= pilots robo-advice paraplanner service

LV= is trialling a robo-advice paraplanner service with advisers and says it has a pipeline of 40 deals with businesses wanting to access its online advice service. Retirement solutions managing director John Perks says LV= is already using a version of the robo-paraplanner and is in discussions with clients about using the technology. Perks says: “We […]

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Raft of objections set to delay Priips rules

MEPs and industry bodies are pushing for changes to key information documents under Priips in a bid to deliver greater transparency for retail investors. A draft motion for resolution from the European Parliament’s Economic and Monetary Affairs committee, which will object to proposed regulatory technical standards for retail investors set by the EU Commission, is […]

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Pension Wise — now taking calls…

Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.

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