News
The Retail Distribution Review (RDR) is set to see an explosion of advice “brokers”, instead of restricted or independent advisers, according to Panacea IFA.
The Financial Services Authority (FSA) has told paraplanners they should challenge their financial advisers on suitability letters to help meet regulatory requirements and improve relationships with clients.
Liberal Democrat leader Nick Clegg has signalled the government is ready to loosen its austerity drive with a "massive" increase in state-backed investment into housing and state infrastructure.
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John Clougherty is joining Fidelity Worldwide Investments as head of the wholesale business, IFAonline's sister title Investment Week understands.
Andy Leggett has urged the FSA to consider the industry’s good practice guide rather than bringing in “expensive” regulation to reform the SIPP disclosure regime.
The drive for transparency in pension charges could lead to occupational scheme advice for employers becoming regulated by the Financial Services Authority, Legal & General says.
Nucleus has bolstered its wrap operations team with the appointment of former Standard Life man Martin Leckie as investment operations manager.
An "explosion" in regulatory costs is becoming a "huge problem" for networks and national advisory businesses, according to a director at Lighthouse Group.
Platform Ascentric is to hold a series of open days for advisers to help them better understand the service.
The decline in UK GDP growth in the first quarter of 2012 was today revealed to be worse than expected, after the Office for National Statistics reported a worse than feared fall of 0.3%.
IFAs around the world report as many as three out of five of their clients have a retirement funding gap. The largest has been noted by IFAs based in Singapore who say that 65% of their clients have a gap between how much they are saving and what they will actually need to fund their retirement.
Europe equity fund managers are caught between a rock and a hard place as equity markets across Europe fall and redemptions rise to their highest levels since 2008, according to S&P Capital IQ Fund research.
Royal London 360° has retained its B+ AKG rating by AKG Actuaries and Consultants. The ratings aim to highlight both the financial and relative strength of long-term insurers.
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