The Lansons Public Affairs party at the Labour conference almost provided Treasury Chief Secretary Stephen Timms (left) with a sore head but, strangely for an encounter with Lansons, it had nothing to do with too many glasses of champagne.As Timms was leaving, he was so busy saying his goodbyes to the great and good of financial services that he almost smacked into a 10ft pole. The Diary speculates over who would have come off worse in the collision but it probably would not have been the vertically-enhanced man from the Treasury.
Nine tenths of workers approaching retirement are in danger of burning through they savings well before they die, according to new pensions research from Fidelity International.
Money Marketing and Cicero Consulting are holding a summit at Westminster with pensions minister James Purnell as the Government prepares to launch its second White Paper. Purnell will talk about the effects of the reforms to an invited audience, who will then be able to question him. Other panellists include IMA chief executive Richard Saunders […]
Our panel discuss the range of incentives offered to investment businesses based in Guernsey, Jersey and the Isle of Man
Customers taking out a new mortgage or remortgaging with Lloyds TSB during October will not have to pay an arrangement fee.It means they will save between £299 and £699 on the cost of arranging their mortgage. Customers remortgaging with Lloyds TSB will also have their transfer of funds fee of £30 waived.Lloyds TSB Mortgages managing […]
This guide from Johnson Fleming, entitled ‘Choosing an auto-enrolment provider’, will take you through some key questions you need to ask and what information you want to be finding out in response to these.
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]