Former HBOS head of intermediary business Grenville Turner is to take over as managing director of estate agency Countrywide in January. He replaces Harry Hill who becomes chairman when Christopher Sporborg retires at the end of the year.
Rooftop Mortgages managing director Jonathan Naylor says the Government still aims to bring in home condition reports at some point despite its U-turn and the problem of Hip double costs remains while the real priority should be regulating estate agents
I would not seek to take issue with any of the technical aspects of Keith Popplewell’s article on the vagaries of retirement income funding but what it does highlight is all the reasons why the public are so deterred from putting money into a personal pension. Faced with such a near-infinite combination of factors, most […]
The Department of Trade and Industry is set to abolish audit requirements for regulated small firms and appointed representatives. The FSA says the move will save 3,200 small firms and 1,490 ARs £12.9m a year. The DTI will introduce regulations under the Companies Act 1985 to implement the FSA’s proposal as soon as possible. The […]
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MPs have encouraged the government to seek innovation and the “great potential gains” of collective defined contribution pension schemes, a report published this morning by the work and pensions committee says. The committee says the schemes, which are already highly successful in Denmark and the Netherlands, offer advantages of a middle ground between defined benefit […]
FCA staff are warming to the regulator’s move from Canary Wharf to Stratford, according to its latest board minutes. Earlier this month, employees began moving to the regulator’s new east London site, with teams such as communications among the first to transition. Money Marketing previously reported on internal documents showing that staff at the FCA […]
The FCA is considering banning exit fees for switching platforms. In its platform market study, released this morning, the FCA says it may also issue further guidance on how advisers should charge for platform switches after finding that the process and the costs involved can often be lengthy, preventing clients from getting the best deal […]