Better Business

        Ex-Treasury minister Mark Hoban to exit politics

        Professional Adviser | 23 Jan 2015 | 13:18

        Ex-Treasury minister Mark Hoban is to quit parliament from May.


        Zurich expands platform to include first DFMs

        Zurich has expanded its platform offering to include a discretionary fund management service for the first time.

        Professional Adviser | 23 Jan 2015 | 13:08

        Everything advisers need to know about Pension Wise

        Richard Nuttall assesses the impact of the government’s pension guidance project, Pension Wise

        Professional Adviser | 23 Jan 2015 | 11:54

    Other Better Business articles


      Catch up: Five retirement stories you might have missed

      Here’s a round-up of five key retirement and advice stories from the past week...

      Professional Adviser | 23 Jan 2015 | 11:32
      Photo of people covering their faces with cards picturing question marks

      RP Poll: Should simplified advice be commission based?

      In this week’s RP Poll we ask readers whether commission should be brought back in a limited form…

      Professional Adviser | 23 Jan 2015 | 11:21

      Will 2015 finally offer some R&R from RDR?

      The financial advice industry may finally be ready to move on from the biggest regulatory upheaval in decades, but what other challenges lie ahead, asks Aileen Lynch...

      Professional Adviser | 23 Jan 2015 | 10:39
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      Property fund claims help push 24 firms into default

      Advice to invest in a troubled unregulated overseas property scheme has helped push 24 firms over into failure, the Financial Services Compensation Scheme (FSCS) has said.

      Professional Adviser | 23 Jan 2015 | 08:18

      RBS to send small firms to peer-to-peer lenders

      Small firms rejected for a loan by Royal Bank of Scotland (RBS) will be offered alternatives by a pair of peer-to-peer (P2P) lenders, as part of a tie-up to improve access to corporate lending.

      Professional Adviser | 23 Jan 2015 | 07:49

      FCA to act even earlier to counter charges of ‘retrospective regulation'

      The Financial Conduct Authority (FCA) has said it will look to take even earlier pre-emptive action against what it believes is bad practice in a bid to counter accusations from the industry that it unfairly employs retrospective regulation.

      Professional Adviser | 22 Jan 2015 | 15:04

      FCA outlines approach to 'decision tree' investment distribution models

      The Financial Conduct Authority (FCA) has provided what it hopes is further clarity on the boundaries of advice and information when building decision tree based investment models, following concerns about the clarity of its initial suggestions.

      Professional Adviser | 22 Jan 2015 | 13:29

      In defence of vertical integration: Old Mutual responds to PA's Armchair Critic

      Responding to Professional Adviser's resident Armchair Critic, who highlighted recently what he saw as the inescapable problem with vertical integration, Old Mutual Wealth's Carlton Hood is adamant client suitability decisions will always remain sacrosanct...

      Professional Adviser | 22 Jan 2015 | 13:15

      FCA tweaks guidance on what constitutes 'advice'

      The Financial Conduct Authority (FCA) has set out its final definitions of regulated advice and personal recommendations in retail investment, in a move it hopes will help firms develop 'low cost' distribution models with confidence.

      Professional Adviser | 22 Jan 2015 | 11:52

      Foster Denovo buys specialist charity business in growth push

      Nation advice firm Foster Denovo has bought a specialist charity advice operation as part of its 2015 expansion plans.

      Professional Adviser | 22 Jan 2015 | 08:01

      St James's Place assets hit £52bn as adviser numbers rise

      St James's Place (SJP) funds under management were up 17% in the past 12 months reaching a record £52bn, latest figures show.

      Professional Adviser | 22 Jan 2015 | 07:41

      Arch’s Farrell disappointed by 'regrettable' Tribunal ruling

      Arch Financial Products (AFP) chief executive Robin Farrell and former compliance officer Robert Addison have said they are “disappointed” with an Upper Tribunal decision to uphold a regulatory ban and fine against them, but felt "vindicated" by parts of the judgement.

      Professional Adviser | 21 Jan 2015 | 12:19
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      'Impartial' fund ratings service launches in UK

      South-African firm Fundhouse has launched a fund ratings service for UK financial advisers, offering what it says are wholly unbiased and impartial comments on well-known funds.

      Professional Adviser | 21 Jan 2015 | 07:57

      Simplified advice could include ‘limited’ return to commission

      Simplified advice could include an element of commission on a limited range of products to ensure people can actually afford to see a financial planner, Sheriar Bradbury has said.

      Professional Adviser | 20 Jan 2015 | 12:46
      Judge's gavel

      Arch’s Farrell and Addison lose FCA tribunal case

      Arch Financial Products (AFP) directors Robin Farrell and Robert Addison have lost their case appealing a regulatory fine and ban against them for their role in managing the failed Arch Cru funds.

      Professional Adviser | 20 Jan 2015 | 10:37

      FSCS levy set at £287m as SIPPs turn sour

      The Financial Services Compensation Scheme (FSCS) plans to collect a levy of £287m from firms in 2015-16, as it prepares for a rise in claims related to self-invested personal pensions (SIPPs).

      Professional Adviser | 20 Jan 2015 | 08:22

      Aviva: Sesame would be bust without Friends' money

      Restricted adviser network Sesame would be broke and unable to trade without the continued financial support of its parent company Friends Life, Aviva has said in a note to shareholders ahead of its planned acquisition of the provider.

      Professional Adviser | 20 Jan 2015 | 07:57

Job of the week


    Should simplified advice include an element of commission-based remuneration?