Speaking at the Money Marketing RDR invitational in London ABI assistant director Peter Jolly gives his views on how simplified advice could work as part of the retail distribution review.
ABI – our vision for simplified advice
Markets around Europe have continued to fall as experts begin to contemplate further debt crisis management in the Eurozone.
Moody’s Ratings Agency has warned that the UK is amongst a handful of European nations that face “very real, common threats” from the sovereign debt contagion spreading through the continent.
Harcourt Capital Investments – EIS Fund
An FSA mortgage arrears handling review has brought calls for a clearer division between lenders and third-party administrators. Paul Thomas reports
The global economy isn’t headed into recession, at least not yet. This month, David Lafferty, Chief Market Strategist at Natixis Global Asset Management, examines current capital market and portfolio risks for signs of recession. Click Here for Capital Market Notes
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National consolidator Succession has acquired Inverness-based MacKenzie Investments, co-directed by former Institute of Financial Planning director Phil Billingham. It has also purchased Cheltenham IFA Warwick Butchart Associates. Both firms were acquired in August and brought a combined £350m of assets under advice to Succession. Chartered financial planner McKenzie Investments has four planners including one trainee […]
The Financial Ombudsman Service has ruled in favour of five individuals who lost nearly £100,000 after transferring their pensions into non-standard investments using Sipps. In June, law firm Anthony Philip James & Co issued five cases against Sipp administrator Guinness Mahon Trust Corporation over allegations it worked with unregulated introducers to facilitate non-standard investments. In […]
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The sooner the FSA get to work on this and realize that the vast majority do not need complex, expensive advice the better. There is really only a very small market for complex fee based advice by advisers with higher qualifications.
Dig out Sandler and have Regulated Products that can be sold cheaply without the need for fees, higher examinations and unnecessary compliance and the savings gap will the closed
in a very short time.
Hooray ABI
About time the truth was told and the FSA started to listen.