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Lessons to be learnt
1

Advisers ditch online CPD in favour of events

Advisers prefer to fulfill their continuing professional development requirements by attending events rather than engaging with online learning materials, research from Prudential shows. The Prudential Adviser Barometer shows 60 per cent of respondents said events was the best format for CPD last year, rising to 63 per cent this year. While 44 per cent were […]

Tapering of annual allowance – adjusted and threshold income

The definitions of adjusted income and threshold income used to determine whether, and to what extent, someone’s annual allowance will be reduced can be confusing.  Here we try to make sense of it all. The annual allowance will be reduced for high income individuals from 6 April 2016.  Our previous article Tapering of annual allowance […]

7

Pensions minister: Simple statements are long overdue

Making pensions simple for everyone to understand is one of my key missions as a minister. Simple, two-page, standardised pension statements, the pensions dashboard for online access to pensions information, an industry provided mid-life MOT are clearly the way forward. Traditionally, pensions are complex. We want to change this. If something is impenetrable, people shy […]

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Alan Hughes: The most important lesson from Berkeley Burke case

FCA must give greater consideration to where detailed rules would result in more effective regulation and better protection Last month saw Sipp provider Berkeley Burke lose its High Court appeal against the Financial Ombudsman Service. The appeal followed the Ombudsman’s decision against Berkeley Burke for failing to carry out adequate due diligence on an unregulated […]

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  1. Qualifications that are to be made public need to be simplified so that consumers understand the importance and relevance of them.

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