The Chartered Insurance Institute is calling for a single set of standards, a new complaint system and harsher sanctions to build professionalism in the industry in its first response to the FSA’s RDR. The response, A Professional Body for Retail Financial Services?, outlines what professionalism would look like in a post-RDR environment.
Bank of England maintains bank rate at 5.75%
The Bank of England’s Monetary Policy Committee voted today to maintain the official bank rate at 5.75 per cent.
Why should the financial services industry pay for generic advice?
Exactly who has made, and then won, the argument that the financial services industry should foot half the bill or more for generic advice or information?I may have been absent when this happened but I doubt it. What I have heard is the seemingly capable Treasury minister Kitty Ussher suggest that funding should come from […]
Skipton Building Society – Three Year Fixed Rate Mortgage
Skipton Building Society
Three Year Fixed Rate Mortgage
FSA with-profits warning to CEOs
The FSA has sent a Dear CEO letter to insurers, warning that it has uncovered worrying practices in open and closed with-profits funds involving standards of governance and run-off plans.The letter highlights practices that the regulator observed as part of two reviews, one focusing on the governance arrangements of all with-profits funds and one on […]
Mark Page: “A good time to be a European fund manager”
With European markets picking up in early 2015, Mark Page, Artemis European Opportunities Fund manager, discusses the ‘macro’ drivers and whether the improvements are sustainable. Largely driven by economic stimulus by the European Central Bank, European stockmarkets have performed strongly so far in 2015. Mark discusses the relative merits and sustainability of ECB policy with […]
Newsletter
News and expert analysis straight to your inbox
Sign up
Adviser trade body calls on govt to save pension dashboard
Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
Spending, pensions and retirement: MAS in numbers
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
Is a fund better off with a sole manager or a team?
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]
Comments