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Retirement Advantage has appointed former FCA senior associate David Forsdyke as head of compliance for its equity release division. At the regulator, Forsdyke was part of the team responsible for implementing the Mortgage Market Review. He was previously a director of equity release advice firm Argent Sage. Retirement Advantage equity release managing director Tom Evans […]
Jelf Employee Benefits looks at some of the key considerations employers should think about when reviewing and choosing a flexible benefits provider. Choosing the right benefits for your employees is one thing but delivering a successful employee benefits strategy is about understanding the complete picture and delivering it in a personalised way so that it resonates with each and every individual in your business.
A lack of understanding, not regulation, is holding back the equity release market in the UK, providers and advisers say. This week the regulator announced it will be investigating whether regulation is hampering demand for equity release products. Speaking at an FCA conference in London, FCA director of strategy and competition Christopher Woolard called the […]
The Foreign Office should lobby the US to scrap litigation against the Royal Bank of Scotland, according to Treasury select committee member Jacob Rees-Mogg. RBS is facing $8bn (£5bn) worth of fines over mortgage-backed securities sold in the US before the financial crisis. The Telegraph reports Conservative MP Rees-Mogg asked the bosses of UK Financial […]
It can be difficult for employees to control their spending habits, in fact they may not realise that they have bad habits at all.
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One of the men behind an illegal collective investment scheme has been sentenced to another year in prison after failing to pay his FCA-ordered compensation. Ross Peters was one of eight men convicted over their role in a land banking scheme. The group ran a Ucis operation through three companies which cold-called potential investors to […]
Aviva has apologised after a website issue left some advisers unable to submit applications on behalf of clients last week. Money Marketing understands online access was disrupted until at least 5:30pm last Friday. It is understood some advisers were unable to submit applications on behalf of clients, for example, life and critical illness cover applications. […]
Retail investors have stuck by Neil Woodford in 2017 despite several multi-managers pulling money from the star fund manager. The Woodford Equity Income fund was the second most popular with Bestinvest retail investors, although Fundsmith Equity was the “clear and decisive winner” when it came to inflows via the investment platform, says managing director Jason […]