The FSA has fined UBS 100,000 for failures in its systems for reporting transactions in financial instruments from May 1999 to October 2005.In July UBS Wealth Management made a suspicious transaction report to the FSA. Following a review of the report by the regulator it was established the transaction had been incorrectly reported as a […]
Commercial pressures and new technology have forced a sea change in the way that advisers are choosing to receive training and development support, according to Sesame head of proposition delivery Andrew Oliver. Analysis by Sesame among advisers has highlighted a shift in preferences for how people receive training and while face- to-face workshops continue to […]
Royal London Private Equity Partners is changing its name to RJD Partners as its four principals buy the firm. The four principals of RJD Partners, chief executive David MacLellan and directors John Dillon, Richard Caston and Duncan Johnson are increasing their shareholdings to 85 per cent with former parent mutual insurer Royal London maintaining a […]
Those of you who have read any of the political manifestos over the previous weeks may have noticed one glaring omission from all the publications: the subject of welfare reform and the role that income protection could (and probably should) play in this process.
Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]