View more on these topics

Tories call a truce with the regulator after talks

The Tories will hold fire on the FSA over the next few months and await the outcome of its latest strategies after a recent meeting with FSA chairman Callum McCarthy.

Shadow Treasury Financial Secretary Mark Field says his meeting with the regulator was very useful and helped allay some fears over excess bureaucracy.

At the meeting, Field put to the FSA the growing number of complaints that he has been receiving about its effectiveness and the regulatory burden placed on small businesses and will now look to see how practices such as Treating Customers Fairly and other recent measures can ease these concerns.

He says it is only fair to give the regulator time to allow improvements and changes to bed down although the Tories will keep a close eye on issues such as the Sipp regulation gap.

Field says: “The responses to our queries were quite detailed.

“I think that we will be holding fire on the FSA over the next few months as we await the results of a lot of its work in progress.”


Fund group four to hit the road in January

Four of the UKs leading fund houses have joined forces for a nationwide series of IFA roadshows to be held across the country in January.The shows will feature managers from Gartmore, M&G, Newton and Schroders.Managers presenting include Gartmores head of UK equity income Chris Burvill, M&G head of equity investment David Jane and M&G UK […]

Journey to the core

Demand is growing fast for services to directly related advisers.

Welsh Assembly in bid to ban property Sipps

The Welsh Assembly has voted in favour of lobbying the Treasury to exclude Wales from plans to allow residential property to be held in Sipps from A-Day. The resounding no vote was spurred by fears that local people will be priced out of homes in their communities. Welsh assembly members have called the Sipp policy […]

Why your clients need some tough love

In any relationship that matters, professional or personal, you should be upfront with someone if you think they’re making a decision or doing something they might later regret. Being honest with someone and having their best interests at heart, however hard the message, is key to building trust in any relationship. So how does this […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm