Rory Percival’s replacement as one of the leading liasons between advisers and the regulator will be Chris Hewitt, Percival has revealed. Hewitt, a lead associate in the FCA’s investment intermediaries department, worked in financial advice before joining then regulator the Financial Services Authority in 2010 and is level four qualified. A due diligence specialist, Hewitt […]
The Prime Minister’s allies have downplayed suggestions Theresa May is critical of the Bank of England’s monetary policy amid a recent war of words. The Financial Times reports recent comments by May have caused concern at the Bank and Treasury that the Government was looking to intervene after she warned of “bad side effects” from […]
The Women Against State Pension Inequality campaign has brought in lawyers to craft a case against the government over state pension age changes. In an update on its Twitter account, Waspi, which is campaigning for transitional measures for women for in the 1950s who have seen their state pension age increase, confirm that they have instructed […]
Flexible benefits platforms are becoming increasingly popular, with 80% of employers with more than 100 employees offering some form of flexible benefits scheme, compared with just 11% a decade ago. However, global mobility of employees is on the rise, with nearly 57 million expats predicted by 2017, which can add further complexity to your picture.
The way centralised investment propositions run today is far from perfect. So where do we go from here? There should be a name for the rule of thumb that says, just as the retail financial services industry reaches some consensus that something should be done a certain way, it all starts falling apart. In fact, […]
A look at the important take-aways from the senior manager regime’s previous implementation for those beginning their own preparations The forthcoming extension of the Senior Managers & Certification Regime represents the next major regulatory change that gets to the heart of a firm’s culture, governance and operational considerations. SM&CR implementation will not be a one-time […]
An Essex man has been jailed for eight years after mis-selling carbon credits to 130 victims in 2012 and 2013 and using the funds to purchase luxury items for himself. City of London Police took on the case from Essex Police, sentencing Sami Raja of Grays, Essex in Southwark Crown Court on Friday. Raja was […]