The Institute of Financial Services has warned mortgage professionals against ignoring the significance of A-Day and warning of compliance problems for those who are not prepared. Head of faculty financial regulation Mark Roberts says the run-up to April has focused on the effect on pension specialists but it could leave mortgage and other finance professionals […]
The history of conformity to codes of conduct is gener-ally not a good one. I well remember the struggles that the OFT had with codes for a variety of industries. The conclusion reached a few years ago was that, to a large extent, the work was wasted because, once the code was approved, there was insufficient application within the industries or firms concerned.
By David F Lafferty, CFA, SVP – Chief Market Strategist Thursday’s historic Leave vote in the UK will have both immediate and long-term consequences for the global economy and financial markets. The initial flight-to-quality reaction across asset classes has been exacerbated by the market’s misplaced confidence in a Remain victory leading up to the vote. Stock markets […]
The Pensions Administration Standards Association has elected its director of eight years Kim Gubler as chair. Gubler currently holds the position of deputy chair with the standards body, and will replace Margaret Snowdon from 1 January. Gubler has held a variety of executive positions across the industry, including chair of the joint Standards and Accreditation […]
The state pension is set to increase by 2.6 per cent from April next year after inflation fell more than expected in September. Office for National Statistics data published today shows the Consumer Prices Index inflation stood at 2.4 per cent in September. The index is used for the state pension triple-lock uprating that guarantees […]
As discussed last week, the regulator, being the regulator, will regulate. That is what it does. It is its job. Ensuring we are compliant is expensive and exhausting but it is not the same as ensuring we have a robust strategy. There is overlap, for sure, but it is not a substitute. While it may […]