View more on these topics

Network targets fee-based advisers

Consumer demand for fee-based advice has prompted small IFA Paterson-Lloyd

to set up a network dedicated to fee-based advisers and those frustrated by


The firm of six registered individuals has offices in Croy^_don, Lancing,

Eltham, and Wallington and will be targeting IFAs in London and the Home


Paterson Lloyd IFA Mal^_colm Paterson says the size of the firm means any

new entrants will be able to influence the way it does business in the


Paterson will not initially be offering a central admin service but will

offer PIA auth^_orisation, a training and competence scheme and PI cover.

The monthly fee for a mem^_- ber who is the sole proprietor of his or her

own firm is 485. There is a joining fee of one-and-a-half times that


The firm does not operate product panels and says it will not claim

ownership of members&#39 clients. Paterson says: “We hope it will appeal also

to members of other networks frustrated by the continuing emphasis on



Autif&#39s fund overhaul splits bond sectors

Autif has confirmed the overhaul of its fund classification with thecreation of seven new sectors to come into force next week.As revealed in Money Marketing last October, Autif has decided to splitthe UK general bond sector into two new sectors.The UK corporate bond sector will include investment-grade bonds whichmust have at least 80 per cent […]

High and tied

Later this year, the Inland Rev^_enue will consult on draft regulationsfor pension transfers. One of the potential chan^_ges is the removal of therestriction that prevents an individual who is in income drawdown fromtransferring to another personal pension scheme.The Revenue set out the framework for income draw^_down in Pension SchemesOffice Update No 8 issued in August […]

Vive la differentiation

Budget reforms which take eff^_ect from this month offer IFAs manyopp^_^_or^_tun^_ities to enhance exis^_t^_ing rel^_^_a^_tion^_ships andcreate new ones with both clients and, where app^_^_ropriate, otherprofessionals.If IFAs have information that they can use to help cli^_ents betterachieve their financial objectives, then they can differentiate themselveson the most important of grounds – providing a solution as opposed […]

Inter-Alliance wants to graduate as top of class

Inter-Alliance wants to be the UK&#39s dominant national IFA, with plans toovertake Bradford & Bingley by the end of the year by bringing 147graduates on board.The IFA wants to take its number of registered individuals up to 900 fromthe current 634. It says it will achieve this target through organic growthand by integrating the 147 […]


Guide: reporting to the Pensions Regulator — what and when?

Johnson Fleming has published a step-by-step guide demonstrating the importance of record keeping and reporting, and how it can ensure you operate a successful scheme. The guide takes you through some key questions you need to ask and identifies the information you need to obtain. The topics include: why you need to keep records and the benefits of doing this; registering your scheme; what information you need to record to ensure you meet the Pensions Regulator’s requirements; and what items need to be recorded and when.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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