Home Information Packs have come under fire from the Law Society following the move by the Government to publish draft regulations this week. The Society is concerned the Government still has not set up appropriate certification arrangements to regulate and control the production of the reports and the people who produce them.
Would you Adam and Eve it?
Proposals for the introduction of a flat tax in the UK have had a mixed reception
Angels have wings clipped
Changes to the tax reliefs offered to investors in film partnerships have caused concern and confusion
Friends leads on protection processing
Norwich Union comes bottom of 10 providers in a Life Policies Direct life insurance and critical-illness cover underwriting table while Friends Provident has a commanding lead. The findings, which assess the average time that it takes product providers to issue acceptance terms for an app- lication show that NU took 40 days to underwrite, compared […]
Gartmore strives for first-class honours
With its fledgling range of multi-manager funds, the firm wants to throw off its image as a second-quartile performer, says Matt Davis
Income protection — some ideas for the new government…
Those of you who have read any of the political manifestos over the previous weeks may have noticed one glaring omission from all the publications: the subject of welfare reform and the role that income protection could (and probably should) play in this process.
Newsletter
News and expert analysis straight to your inbox
Sign up
FCA writes to pension transfer introducer clients over legal action
The FCA has written to all former clients of Avacade Limited, an unregulated pension introducer, to inform them about its legal action against the firm and its directors. In November 2017 the FCA said it would start civil proceedings against Avacade Limited, now in liquidation, and its three directors Craig Lummis, Lee Lummis and Raymond […]
Fears protection commission disclosure will turn clients off advisers
As new disclosure rules bring the full extent of protection commissions into the spotlight, experts are asking if this will see clients ditch their advisers in favour of execution-only services. Under the Insurance Distribution Directive, from 1 October advisers have had to provide clients with information before a product sale about any commission received, which […]
FCA continues workshops for DB transfer advice firms
The FCA has said it will continue its UK-wide workshop series on financial advice and defined benefit pension transfers. In a newsletter yesterday, the watchdog confirmed it would push ahead with more “Live and Local” interactive events for representatives of regulated firms with DB transfer permissions. The sessions will feature case studies and practical examples, […]
Comments