View more on these topics

Pass website to update review IFAs

The Pension Advisers Support Scheme has set up a website to help IFAs

through the pension review and the newly announced FSAVC review.

The Pass site will offer advice and post up-to-date information about both

reviews free of charge. The siteat isan extension of

the scheme&#39s services used by 3,000 registered IFAs.

Many of the Pass services can be booked on the website. IFAs can answer a

set of questions to determine if they need a healthcheck to help them with

the review and can email for a check.

Another feature is the loan illustrator which helps IFAs assess the cost

of borrowing from the Pass loan schemeto pay redress for pensions, although

not FSAVCs.

The site also features a frequently asked questions page.

The idea for the online service came out of research which showed 96 per

cent of IFAs are using the internet.

Pass chief executive Mark Penton says: “It is our intention to use the

power of the internet to its maximum for both current and future

information on the pension and FSAVC reviews. For example, the forthcoming

Pass IFA guide to the FSAVC review will be made available to the users of

Pass online as soon as it is published.”


Now FSA wants &#39why-not&#39 letters for stakeholder

IFAs may be forced to write clients “reasons why not” letters if they donot recommend stakeholder pensions.Intermediaries fear the FSA plan would increase the regulator&#39s powers,effectively leading to it controlling the advice IFAs give.The proposal was outlined by FSA conduct of business policy adviserRichard Cockroft at a stakeholder think-tank at last week&#39s PIMS 2000conference.IFAs at […]

Mike Fuller

As a man whose dream has just come true, it is not surprising that MikeFuller exudes enthusiasm and confidence for his latest project.Fuller is the brains behind one of the UK&#39s newest life offices, EvergreenRetirement Assurance. It has given him the opportunity he has long craved –being chief executive of a life company which concentrates […]

Dampier appointed as director

Investment IFA Hargreaves Lansdown has appointed Mark Dampier and MartinMulligan to its board of directors.Dampier (right) is to become investment research director although hisrole within the company will remain unchanged. He was previously investmentresearch manager.Former systems manager Mulligan will become systems director, continuinghis responsibilities for the IFA&#39s general IT capacity and the installationof new systems […]

Abbey National launches Cahoot

Abbey National is launching its online bank Cahoot today, while rumours abound that a stake in the venture will be sold off in the near future. The high street bank denies it is seeking investors for its bank, saying it has turned down the approaches of a number of venture capitalists. It does not rule […]


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 thought leadership.

    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