The public administration select committee has published a report calling on the Government to extend its help for victims of occupational scheme collapses to those schemes wound up by solvent employers.
The Financial Services Compensation Scheme has appointed Jonathan Clark as director of claims.Clark joins from the quality and compliance department of Crawford & Company.He will join the FSCS executive team in June and because this is a board appointment the FSA has appointed Clark as an executive director of the FSCS.Clark succeeds Ron Devlin OBE […]
The Prestbury Network has announced it will use the MortgageStream casemanagement system to support its business.Prestbury members will be able to utilise MortgageStream to facilitate caseprocessing, manage their new business pipeline, client relationships andmanagement information.Prestbury Network sales director Kevin Sample says after extensive researchMortgageStream came out on top.He says: “The MortgageStream client management and workflow […]
Chris Salih analyses core holding Schroder European alpha plus.
Five-page special report opens with Mike Kipling, deputy chairman of The Actuarial Profession’s life board, explaining the computations that go into setting annuity rates and how they work to protect the pensioner throughout retirement.
The actions of OPEC have forced the oil supply to fall and producers to cut costs and rationalise, says Richard Hulf In an interview with journalist Alexis Xydias, Richard Hulf, manager of the Artemis Global Energy Fund, explains the impact of the fall in the oil price on energy companies. Alexis also quizzes Richard on […]
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A former IFA who pocketed clients’ Sipp money has been given a six-year jail sentence. Darren Say, who ran advice firm Wealth Connection, was found guilty of fraud by abuse of position and of fraudulent trading after creating a pension scheme that loaned money to clients’ Sipps before investing funds in a property company where […]
Consumer champion Martin Lewis has published a passionate warning about scam advertisements using his identity to endorse investment and insurance schemes. Lewis, founder of Money Saving Expert, has posted a video denouncing a cloud-based trading scheme that claims he invested £500,000 in it. He says in the video: “It is a con, it is a […]
The FCA cancelled the authorisations of more than 200 firms last year for failing to meet “basic regulatory requirements” like paying their fees or filling out regulatory returns. The regulator revealed the figure in an update today, that its Threshold Conditions Team took enforcement action against at least 207 firms for failing such compliance failings […]