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PYSS teams up with Fee Based Advice

Pointon York SIPP Solutions has been selected by Fee Based Advice to support and promote Sipps to its members.

Fee Based Advice is an IFA support organisation that assists IFAs in making the transition from commission to fees.

There are currently about 80,000 plans in place but industry experts predict this number is set to increase substantially.

PYSS managing director Christine Hallett says: “There is a great potential for fee income earning opportunities working with the SIPP framework and we want to ensure that IFAs have all the training and support they need to enable them to grow their business and provide added value propositions for their clients.”


Commission culture exacerbated endowment crisis

Labour MP John McFall has blamed the financial services industry&#39s commission culture for exacerbating the endowment crisis and has called for a “more positive engagement” from the industry in tackling the problems created by mortgage endowment shortfalls. The Treasury select committee chairman has made the call following the publication of the committee&#39s report on restoring […]

NAO go-ahead for pension simplification

The National Audit Office says 10,000 people, twice the number estimated by the Treasury, will be caught by the lifetime limit but it has generally vindicated the Government&#39s view that only a tiny minority of people will be affected. The report found that around 10,000 people are likely to be hit by the controversial £1.4m […]

Compensation scheme should be a safety net, not an escape route

I was disturbed to read in Money Marketing last week that Berkeley Berry Birch is letting the liabilities of its IFA firm fall to the Financial Services Compensation Scheme. Most of us seek to be professionals, providing people with the highest standards of advice and taking full responsibility for the quality of that advice. A […]

A licence to skill

The Financial Services Skills Council is in the last stages of obtaining its licence as a qualified skills council, heading for a final meeting with its licence assessment panel on Wednesday this week. FSSC managing director Teresa Sayers is confident that the licence will be approved, granting the organisation a new status that comes with […]

US equities: opportunities for short sellers expand

Optimism is as American as baseball and apple pie. And since the financial crisis, being optimistic about US equities has paid off: they have outperformed every other major developed market by a comfortable margin. Yet while there remain plenty of good reasons to be optimistic about US equities, Stephen Moore, manager of the Artemis US […]


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