The Council of Mortgage Lenders has taken steps to stamp out the current rampant fraud problem in the UK new-build sector.
The Chartered Insurance Institute has established a taskforce to plan for possible RDR qualification requirements, following a 60 per cent increase in individuals enrolling in diploma exams this year.
Last week, I received an email from an IFA accusing me of being a w****r, “along with your mates at the Consumers’ Association, who promoted endowments in the 1980s and then said the opposite a few years later”. Regarding the gibe at the Consumers’ Association, now called Which?, I am familiar with the allegation that […]
By increasing transparency and publishing firm-specific information the FSA risks “publishing for publishing’s sake” rather than achieving any real value for consumers, according to the Investment Management Association.
By Fiona Tait, Pensions Specialist Ros Altmann reportedly hoped for more product innovation following pension freedom¹ and, according to one poll, 66 per cent of advisers also believe that providers should be doing more². This article considers whether there is a real client need for new products, or whether we should be focusing our attention on efficient delivery […]
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Justin Modray says the RDR will make little difference in the way most advisers are paid.
M&G is merging its Global Leaders fund into the Global Themes fund in the wake of a review resulting from fund manager Aled Smith’s decision to step down. The proposed merger has been approved by the regulator but is still subject to approval from shareholders. The Global Themes fund will continue to be managed by […]
Face-to-face advice still holds a firm place in serving clients, despite an increasing demand for mobile and remote services in adviser practices. Research from consolidator Fairstone from November shows there has been a 10 per cent decrease in the use of face-to-face financial advisers over the past seven years. However, advisers speaking to Money Marketing […]