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Portfolio widens scope of best-buy panels

IFA Portfolio is expanding its best advice service to include small self-administered schemes and self-invested personal pensions. The voluntary best-buy panels are available to all IFAs who buy into Portfolio&#39s best advice service.

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Insurers should be licensed to sell drawdown

I note that it is suggested that IFAs must get yet another qualification in order to sell drawdown products. But I would suggest this is more necessary for the insurance companies which have various traps for the unwary in negotiation of this contract. 1: The infamous question of critical yield. I have never seen such […]

ScotLife offers mortgage aid

Scottish Life is introducing a mortgage checklist aid for independent advisers to ensure that borrowers have all the necessary details for their applications. The mortgage lending arm of the Edinburgh-based life office, ScotLife Home Loans, is giving IFAs a tickbox-style mortgage checklist which can be used with all application forms. The checklist includes employer&#39s reference […]

Edinburgh merges growth funds

Edinburgh Fund Managers is merging its UK income & growth fund with its growth & income fund. The £65m fund will be called the Edinburgh UK growth fund.

Fimbra lives on as campaigners block final blow

The PIA has failed to wind up Fimbra and is to mail voting slips to 3,600 IFA firms in a second bid to kill off the regulator. At the Fimbra annual general meeting last week, plans to dismantle the regulator were blocked by campaigners. The PIA was pushing for what it called an “elegant wind-down” […]

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