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Setting the Standard

Rod Woolsey

GMG Financial Services,

Cottenham,

Cambridge

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Lawyer claims watchdog shunning time-bar rule

The IFA Defence Union’s lawyer has accused the Fin- ancial Ombudsman Service of systematically ignoring an FSA rule time-barring endowment complaints against IFAs. During a taped meeting with FSA managing director regulatory services David Kenmir and FSA chief counsel Greg Choyce, IFA Englands proprietor Andrew Kerr, who is the lawyer for the IFADU, pointed to […]

Five groups to embark on boutique roadshow

Liontrust Investment Funds, J O Hambro Capital Management, Old Mutual Fund Managers, SVM Asset Management and Neptune Investment Management are joining together for a nationwide IFA roadshow.The five groups say it is the first of its kind in the UK with five events being held starting in Harrogate on January 31 and ending in London […]

Brown to tighten anti-avoidance loopholes

Tax avoidance loopholes are being tightened up with Chancellor Gordon Brown looking at capital gains tax, offshore schemes and IHT.The Treasury says its will put anti-avoidance measures in place from 5 December and will target second hand interest in foreign trusts and using artificial trust arrangements to escape both the gift with reservation and pre-owned […]

Bankhall is back with Aifa and pays fees for members

Bankhall is rejoining Aifa and its advisers will now get membership of Aifa paid out of their fees to the firm. The company says the move affirms its commitment to independent financial advice and underlines its support for the work of Aifa’s Chris Cummings and the ombudsman and feel that this will bolster its own […]

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