The recent story providing financial journalists with plenty of ammunition against financial advisers is that of £14,000 commission being paid on a £200,000 bond. It must bring revulsion to the many independent financial advisers who work hard for their clients and have modest incomes.
There was an amusing, but a little too accurate for comfort, remark made on a satirical comedy show recently. It was at the time of the 40th anniversary of the moon landing and the varying descriptions accorded to the International Space Station were contrasted.
Graeme Ballantyne, business consultancy manager, looks at how you can maximise the opportunities through your professional connections As we move through the summer months it’s perhaps a good time to pause and reflect on whether the plans you’ve made for your business are bearing fruit. One area we at PruConsulting know many advisers have been […]
Pushing through a half-baked offering without all the data is an unnecessary risk “Green light for dashboards in 2019 puts pension savers in the driving seat.” That was the triumphant headline atop a Department for Work and Pensions press release, confirming the flagship project will go ahead as planned this year. This green light was […]
Personal Finance Society chief executive Keith Richards has said the FCA’s data on defined benefit data is not representative and risks spooking the public and insurers. Last week, the FCA said it would step up its supervision of DB transfer advice as its fresh data showed a significant majority of clients were being told to […]
The government must urgently publish its green paper on social care as 90 per cent of over 65s have no plan for social care funding, the Association of British Insurers says. The ABI argues a massive new campaign is needed to raise awareness of social care funding based on polling research from Populus alongside analysis […]