Obviously, no one messes with the Treasury select committee these days but the Diary would like to get one thing straight – we think it is IFAs, Mr McFall, not iffers. No one wants to point the finger but the Diary believes McFall was the chief mispronunciation culprit. Not to be outdone, Labour MP Angela Eagle continued her criticism of iffy practices in the iffer sector. If in doubt, repeat after the Diary – I F A.
Bradford & Bingley announced today as part of its strategic review that it is to focus on its specialist lending business Mortgage Express and on its own-brand residential, commercial and housing association lending. Group chief executive Steven Crawshaw says: “Bradford & Bingley will simplify, clarify and continue to build upon its core propositions of specialist […]
On reading his obituary, Mark Twain is said to have remarked that news of his death had been greatly exaggerated. Given the number of times that IFAs, particularly small firms, have been told that they are dead and buried, I think they could rightly express the same sentiment. But while there are real challenges which […]
Alexander Forbes Financial Services is appointing David Marlow as marketing director. Marlow was previously head of marketing at The Bureaux which was acquired by AFS in January 2004 and will continue to oversee the marketing of The Bureaux companies. AFFS corporate development director Robert Macgregor says: “The corporate pensions market is constantly developing, with the […]
The LIA has appointed four more members to its Board of Directors. Mark Ommanney, John Ellis, Andrew Clarke and Peter Williams have joined the Board as Director General, Public Affairs Director, Finance Director and Director respectively. The move takes the number of Board Members from eight to 12 and is designed to strengthen the LIA's […]
We know what it takes to run a successful auto-enrolment project in the retail industry. We are automatically there for some of the world’s best-known retailers at every stage of the process. Take a look at what we have done for our client House of Fraser.
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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 […]