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Probe into personal account paper

The work and pensions select committee has set up an inquiry into the Government’s second White Paper on personal accounts, with oral hearings to take place in February.

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Sing for your supper

I have been reflecting on my letter in your November 30 edition and Nic Cicutti’s thought-provoking piece in your December 7 edition. It strikes me that there is plenty of scope for financial advisers to receive payments that are disproportionate to the amount of work they do for their clients by way of fund-based renewal […]

Severn warns Newcob could push up PI rates

Former FSA head of retail inv-estment David Severn says the move to principle-based reg-ulation could lead to increasing professional indemnity insurance rates for advisers.Severn, who is also a former director general of Aifa, believes that claim management firms are hoping that the introduction of Newcob will give them increased scope to argue that advisers have […]

Deloitte sees five society mergers

Deloitte is predicting five more building society mergers next year driven by both bigger and smaller societies building scale.

Sticking to valuation discipline when investing in China

Journalist Alexis Xydias discusses the opportunities – and potential pitfalls – of investing in China with Artemis fund manager Peter Saacke. With Peter holding significant positions in China in the Artemis funds he manages, journalist Alexis Xydias quizzes Peter on the risks of investing in Chinese stocks – including over-valuations, margin trading and financial reporting issues. Click here for video

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