The Land Registry says it will be scrapping online mortgage deeds and leases over concerns about fraud.
Tenet chief executive Simon Hudson has supported the FSA’s proposals to raise advisers’ capital adequacy requirements, saying too many firms are in position where they can be wiped out by just one or two complaints.Speaking at the Money Marketing Live panel debate on the retail distribution review, Hudson also questioned whether personal assets should be […]
Leadbay has appointed Grant Stevens as its new managing director from December 1.Stevens replaces Leadbay founder Maarten Westerduin who will now become chairman of the company.Stevens’ role will be to look at the strategic direction of Leadbay, building on its phenomenal growth of the past three years to ensure that it continues to be one […]
Axa’s wrap platform is to be branded Elevate and will roll out to the whole market during 2008. Elevate will offer dual pricing to give advisers full flexibility over charging structures.
President-elect Trump has suggested withdrawing from the North American Free Trade Agreement (NAFTA) and ending negotiations over the Trans-Pacific Partnership (TPP), albeit there is considerable uncertainty over what he will, or even can, do. If one of the main consequences of the election of Donald Trump is US protectionism, it’s worth considering who stands to […]
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Three advice firms have stopped giving pension transfer advice following work by the FCA over the future of the British Steel Pension Scheme. A statement this afternoon details the FCA’s “information gathering exercise” to identify the firms that have been most active in advising people to transfer out of the scheme. The regulator got information from […]
The FCA has launched a consultation on its approach to authorisation and competition, which will be open to responses until March next year. Following the launch of the FCA’s mission in April, the approach documents are the second and third in a series of papers explaining how the watchdog tackles regulation. The first document, the […]