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Revenue sets out Reits’ regime

HM Revenue and Customs has published draft guidance on real estate investment trusts , detailing how the legislation will be interpreted and applied.

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Focus on Protection

“What’s in a nod? That which we call advice by any other name would smell as sweet.”

Focus cuts operating loss by 0.4m

Focus Solutions has reduced its operating loss by 0.4m compared to the same period last year. The group has released its unaudited six monthly results for the period to September 30, showing a 3 per cent increase in total revenue – from 2.7m to 2.8m. It says first half trading is in line with expectations […]

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Only 6% of advisers protect term deals

Only 6 per cent of life insurance policies are written in trust by advisers and direct sales channels which could lead to consumer detriment in future. Research conducted by Money Marketing with six providers found that less than 10 per cent of life insurance policies are placed in trust, with just 6 per cent of […]

Broker Talkback

Is it unfair for advisers that the 15-year long-stop rule for complaints does not apply to Financial Ombudsman Service decisions?Yes “It is unfair. With legal advice on wills, for example, it can also take longer than 15 years to find out whether the advice was wrong.”Ronald Abram, Abram Lawless Financial Services Yes “My initial thoughts […]

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