The lovely Jemma Jackson from the Association of Investment Trust Companies was given a shock as she conversed with an MM hack at the recent F&C party.The pair, both gesticulating wildly, managed to tip a waiter’s tray not towards him, as the laws of physics might indicate, but all over themselves. The lively pair might have thought they had got away with it unnoticed until PR Annabel Brodie-Smith pointed out that she had witnessed the entire embarrassing scenario. Whoops.
Jupiter will become the latest firm to convert its multi-manager funds to a non-Ucits retail scheme structure on July 17.
The Government has ignored pleas not to move to a flat-rate second state pension and to keep the option of contracting out. The S2P changes mean many thousands of people could be hit by what is being widely seen as a stealth tax on middle-income-earners. The Tories say Labour is bringing in another tax on […]
threesixty is urging IFAs to review their PI insurance policies as it notes a large disparity between the price and quality of cover available over the last 12 months despite a soft market over the last year.The IFA service provider says its premiums range from 1-1.5 per cent of turnover while many IFA firms are […]
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A majority of independent financial advisers think there should be a single rate of tax relief according to this week’s Money Marketing poll. More than 120 advisers took part in the poll with 77 in favour of a single rate of tax relief, 39 against and six undecided. Yellowtail Financial planning managing director Dennis Hall […]
The FCA has issued a warning over ‘commoditised’ defined benefit pension transfers running the risk of unsuitable advice. In a letter sent to advisers holding pension transfer permissions, the regulator reminds planners that a “key area” of its focus is on pension transfers, and that it will later this year be contacting all firms to […]
Problems look set to arise for pension schemes operating relief at source