Ukip has been accused of “mollycoddling” retirees after proposing to offer a guarantee of free financial advice to protect savers following the introduction of pension freedoms. Nigel Farage’s party unveiled the plans last week as part of their manifesto launch. One idea being considered would see retirees given a “voucher” to spend on advice. The […]
Regulatory costs have been blamed for the closure of a Norfolk IFA just days after advisers saw their FSCS levies almost double to £100m. In a statement on its website, Norwich-based advice firm Taylor & Taylor says regulatory changes have made continuing as a business unviable. It says: “We very much appreciate the support provided […]
Chancellor George Osborne’s chief economic adviser Rupert Harrison is in talks to join Blackrock. Sky News reports Harrison, who has led on the Government’s economic policy since 2010, is in talks with BlackRock to join the fund manager. Talks are said to be at an advanced stage but a formal announcement is understood to be weeks away. […]
The introduction of pension freedoms and the end of the tax year have had advisers rushed off their feet of late. But we now have a bit more time to consider the way forward while the sun shines and the spring bulbs bloom. I have not seen many Lamborghinis around town so Steve Webb’s, perhaps […]
Jonathan Platt, Head of Fixed Income at Royal London Asset Management, comments on three key trends that our Fixed Income Team see shaping bond markets this week, including the latest Bank of England inflation report providing an extra boost to gilt performance and British American Tobacco delivering the second biggest corporate bond deal of the […]
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