The Trades Union Congress has backed linking the state pension to earnings, compulsory employer contributions and a fairer system for women but is opposed to raising the state pension age.
Almost half of IFAs have made no provision for the introduction of Home information Packs, it is revealed today.With only a year to go until Hips become compulsory, joint research from conveyancer Easier2move and mortgage network PMP shows that almost half (45 per cent) of IFAs have made no preparation for the introduction of Hips […]
Jupiter will become the latest firm to convert its multi-manager funds to a non-Ucits retail scheme structure on July 17.
The Freehold income trust run by Close Brothers is a UK unauthorised unit trust which owns 43,000 freehold ground rents. These rents are usually only around 100 a year, which means that bad debts are rare because the lessee could lose the property through non-payment of this rent.
The National Association of Pensions Funds says it supports the plans to build a fairer system for the future that will allow everyone to build a secure retirement income.
Many commentators have suggested that the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Neptune’s Rob Burnett discusses the likelihood of this happening. Read more: Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide for future […]
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]