The consumer price index rose to 1.5 per cent in October from 1.1 per cent in September while the retail price index rose to -0.8 per from -1.4 per cent in September, the biggest jump in the RPI in nearly 20 years.
Towry Law chief executive Andrew Fisher’s comments on the evils of trail commission have certainly caused a stir. Speaking to Money Marketing earlier this week, Fisher said it is wrong for advisers to receive trail commission as part of an ongoing servicing agreement between the adviser and client. Never shy of an opinion, Fisher believes […]
Following a cabinet reshuffle in light of last week’s general election, David Cameron has announced that Ros Altmann will be replacing Steve Webb as pensions minister. As the industry works with one of the largest reforms to the sector in almost a century, the former adviser to Tony Blair has been tasked with ensuring that the pensions revolution does not stray off track.
The pensions dashboard: now there is a good idea, surely? Well, actually no, it is not. To be fair, it sounds like a good idea – a one stop shop where you can see all your various pensions in one place, neat and tidy, lovely and shiny. But there are some problems – quite a […]
When I first started flicking through career guides and thinking about what path to take, I wanted to make sure my job gave me flexibility, the ability to travel and the opportunity to meet people. After researching it, I realised a career in financial planning could tick all these boxes and, so far, my experience […]
The FCA has published the findings of its review into how non-deposit taking mortgage lenders and mortgage third-party administrators handle complaints, concluding that some approaches are “inflexible”. The regulator wanted to see if the processes involved in handling complaints posed a risk to customers, and, in some areas, found room for improvement. While the FCA […]