View more on these topics

Workshops to help with FSAVC review

The Pension Advisers Support System is holding a series of workshops to help IFAs complete the free-standing AVC review.

The four workshops, designed for smaller PIA-regulated IFAs, are intended to help IFAs complete the pension top-up review on time.

They will be held in Edinburgh on November 14, Man chester on November 17, Lon- don on November 20 and Birmingham on November 22.

Pass says they are “workshops, not talking shops” and delegates are asked to come armed with their questions and queries.

It says since the FSAVC review was announced, it has been inundated with enquiries from IFAs seeking help with organising their review work to meet the requirements.

Sheffield-based Pass urges IFAs who have not comp-leted the first stages of the review – population identifi-cation and mailing investors – to get in touch.

Other assistance that Pass is offering with the FSAVC review includes a guide, helpdesk, healthcheck and loss assessment service.

It is also currently look-ing at the feasibility of inclu-ding FSAVC cases withinthe existing loan schemethat it runs.

Pass manager Derek Warner says: “The FSAVC review is every bit as critical as the pension review and, whilethe FSAVC population may be smaller, the regulations are just as rigorous and the penalties for non-completion just as severe. With just over 18 months to go until the final deadline, it is vital that IFAs get it right.”


Group sessions

From recent reports in the press, Widows has had reasonable success in establishing itself on the stakeholder panels of major IFAs. This, combined with Widows&#39 financial strength and strong brand, is likely to help ensure its viability as a long-term player in this market, always dependent, of course, on its ability to maintain a high […]

How Valuable is a gift

In a recent High Court case, Melville and others v Inland Revenue Commissioners, the judge held that a right carved out from property transferred to a settlement was property forming part of the settlor&#39s estate. This is an important case as it has implications for the lump-sum inheritance tax arrangements promoted by the insurance industry.In […]

Lenders rapped on MPPI

Borrowers can save £1,500 over the lifetime of their mortgage by moving their mortgage payment protection ins-urance away from their lender, claims a survey.Goodfellows Group found the average cost for the insurance from a lender is £5.06 per £100 of cover. This compares with an average of £4.95 from the broker market. Over a period […]

Is it a polar bear market

Money Marketing&#39s Poles Apart straw poll revealed 90 per cent of IFAs to be opposed to changes in polarisation laws. How damaging would any changes be to the IFA community?MB: Any changes to polarisation are inevitably going to put the industry back where it was before the Financial Services Act 1986, with investors totally confused […]


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