View more on these topics

Menu may reduce product choice FSA concedes

IFAs could be dissuaded from giving advice on products which are expensive to sell as a result of the Menu the FSA has conceded.

It says that because firms will be required to demonstrate how much they charge as compared to the market average, they may stay away from time consuming or complicated products which would cost more to sell.

It also says there may be a knock-on effect, with providers reluctant to bring new or innovative products to market because of the time and cost it would take advisers to familiarise themselves with the products.

The FSA does say however that it does not expect the implementation of the Menu to add much time to the advice process.

Recommended

Cazalet says Standard Life is a one-off case

Standard Life&#39s recent experiences meeting the FSA&#39s new realistic solvency regime will be exceptional in the life sector, with other players only needing to finetune, according to independent insurance analyst Ned Cazalet. In a report on life company financial strength and new business, Cazalet says other firms are likely to be involved in only “tweaking […]

Standard slashes equity ratio

Europe&#39s biggest mutual insurer Standard Life has dumped £7.5 bn worth of equities since the start of the year as it moves to meet the requirements of the FSA&#39s new solvency rules. In its 2003 full-year results released last week, Standard says it has now reduced its equity-backing ratio to around 50 per cent, slashed […]

Webb slams Government over failure to provide accurate pension wind-up figures

Liberal Democrat work and pensions spokesman Steve Webb has slammed the Government for failing to produce accurate figures to assess the scale of the problem of pension scheme wind-ups. Speaking at the Opposition half day debate on pensions Webb used estimates from independent consultant Ros Altmann and the Pensions Action Group that indicate there are […]

Game on says F4G

Noble & Co is aiming to raise up to £5m for Funds 4 Games (F4G) Software, an enterprise investment scheme that invests in the project management of computer games. This EIS is not dependent on the games being hits. Its success dependent on F4G&#39s ability to deliver games to publishers through sub-contracted developers. Projects will […]

Large-cap growth alpha thesis: seeking risk-adjusted excess returns

Content supplied by Loomis, Sayles & Company — an affiliate of Natixis Global Asset Management For mutual fund investors and managers of large pensions or endowments, a major challenge is to identify those portfolio managers who are most likely to deliver superior risk-adjusted returns in the future. Understanding how an investment philosophy informs a manager’s decision […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com