The pre-Budget report has been scrutinised for its impact on savers and investors but it also contains measures that may affect the running of IFA businesses.
Legal & General research reveals over a third of advisers believe protection sales will improve over the coming quarter.
Aegon Scottish Equitable chief executive Otto Thoresen is warning that the timetable for implementing the retail distribution review reforms is too tight and could drive good advisers out of the industry.
The mortgage industry finally got its long-awaited review into the wholesale market but, as anticipated, Sir James Crosby’s report failed to satisfy many.
Following a cabinet reshuffle in light of last week’s general election, David Cameron has announced that Ros Altmann will be replacing Steve Webb as pensions minister. As the industry works with one of the largest reforms to the sector in almost a century, the former adviser to Tony Blair has been tasked with ensuring that the pensions revolution does not stray off track.
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