An increase in the Financial Ombudsman Service compensation cap for small businesses could hit advisers’ professional indemnity insurance premiums. In a discussion paper published last month on small businesses, the FCA outlined options for expanding the criteria for FOS complaints. It said as a result the maximum award limit might need to be raised from […]
National advice firm Towry has abandoned plans to float on the stock market in favour of a sale in the new year. In June, private equity backer Palamon Capital Partners met with advisers to discuss a listing but has since hired investment bank Evercore to find new investors. It is expected Palamon will sell its […]
The Pensions and Benefits UK Conference takes place this week, where Jelf will have a stand.
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Being a bit of a tennis fan, I look forward to Wimbledon each year, not only for the matches but also for the discussions and debates. I likened the tennis debates to the financial planning world at the moment. There were a number of young (under 30) players all showing great aptitude to take the […]
The two largest assets an individual is likely to own are their house and their pension fund. While downsizing a house in later life might be an option, releasing the assets from a pension to provide an income for life is a long-term strategy. With this in mind, it is reassuring to see the FCA […]
Now is the time for business owners to be thinking about the future of their firms and how to attract and serve the next generation of clients