The Transport & General Workers Union, Amicus and Community joined forces outside the Labour conference in Manchester on Tuesday calling for 100 per cent restoration of the estimated 100,000 workers’ pensions’ lost when firms were wound up before the Pension Protection Fund was running.
‘It is perfectly clear who is going to get sued- the IFA’s’
The buy-to-let market is unlikely to see any significant future innovation because it is mature and has already undergone its metamorphosis. Brokers and lenders agree that the market remains buoyant and is not desperate for any new types of products or major changes. It is also doubtful if many new lenders will enter the sector […]
Prospects: Helen Pow says this year has seen lending hit the heights and many new mortgage firms starting up but can the levels of business continue?
Irresponsible lending is still a part of the buy-to-let sector, according to National Association of Commercial Finance Brokers chief executive Keith Heron. He believes that some lenders on the fringes of the market are still indulging in poor practices but that concern is one of the few issues that the experts have in an otherwise […]
Since 2007, the sharp drop in interest rates has lifted the valuations of all assets, with the longest duration assets gaining the most. The UK’s decision to leave the European Union has caused another flight to “safety”, with a series of record lows in bond yields and record highs in bond prices. With the German […]
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]