PI insurers are considering exclusions for insistent DB to DC transfers, Money Marketing understands.
When Openwork chief executive Mark Duckworth speaks about the drop in adviser numbers since the late 1980s the figures sound astonishing: 285,000 advisers serving a UK population of 50 million in 1989, compared with 23,000 advisers available for 64 million people today. Put another way, there are currently around 200,000 consumers for every adviser when, […]
Impartial, independent professional advice is not cheap and one of the often-discussed contributory factors in this cost is that of regulation. The Financial Services Compensation Scheme interim levy bills are a good example of regulatory costs pressures. Adviser firms have little choice but to find a, hopefully, palatable way to pass this on to the […]
The proposed fee increases from the FCA should shock and anger firms. They should also worry consumers. These costs have to be passed on. With inflation running at 0 per cent and wages increasing at less than 2 per cent, it takes a special type of organisation to propose increasing its costs by 8.5 per […]
Kunal Desai, Head of Indian Equities, Neptune India is in the midst of a significant transformation, with Prime Minister Narendra Modi undertaking an ambitious reform agenda. But what is the current state of the market and what makes India an attractive investment story today? Read the article here For investment professionals only – not for […]
- Top trends
- Top trends
- Paul Lewis: The NI sting depriving 1950s women of their state pensions
- Aegon wins complaint over forcing transfer client to get advice
- What’s up the chancellor’s sleeve as the Budget nears?
- FCA evidence throws Sipp provider court case into doubt
- Savers lose nearly half of pension through transferring out
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