The FSA has fined Merchant Securities Group £77,000 for data security failings and not adequately protecting customers from the risk of identity fraud. This is the first time the FSA has fined a stockbroking firm for weak data security controls.
The Association of British Insurers is urging the House of Lords to support amendments to the Pensions Bill to ensure existing schemes are not forced to accommodate personal accounts’ more limited earnings’ band.
Premier Mortgage Service has appointed former Edeus commercial director Martin Reynolds as corporate manager. He will initially work on a short-term contract and his remit will include developing new income streams for PMS.
The Association of British Insurers has extended until 2014 the moratorium enabling consumers to take out substantial amounts of insurance without having to disclose adverse res-ults of predictive genetic tests.
Ahead of his appearance at Money Marketing’s flagship conference, Money Marketing Interactive, this April, Helm Godfrey chairman Danby Bloch looks at getting graduates into advice and making adviser the ‘go-to gurus’ of finance What should we be doing to get more new advisers into the profession? There’s no quick fix, but there are lots of […]
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 […]