Investment advisers hit with additional £7m FSCS levy bill

IFAonline | 15 Apr 2014 | 07:42

Most types of financial services firms will pay a lower than expected Financial Services Compensation Scheme (FSCS) levy for 2014-2015 after it cut its bill by £37m, but investment advisers face another hike in costs.

FSCS
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Adviser noticeboard (14-18 Apr)

Our weekly round-up of the key product launches, charging tweaks, people moves and events for financial advisers...

Professional Adviser | 14 Apr 2014 | 15:26
fees

Adviser masterclass: How to explain fees to clients

Rebecca Jones investigates how advisers can satisfy the regulator while keeping things as simple as possible when explaining fees and charges to clients...

Professional Adviser | 14 Apr 2014 | 15:24

Other Mortgages articles

property-key

House price growth shows 'moderation', Nationwide says

House price growth is showing "tentative signs of moderation", according to the Nationwide Building Society.

IFAonline | 02 Apr 2014 | 07:42
david-reid

Mortgage broker jailed for six years after ‘disgusting’ £3.5m fraud

A mortgage broker has been jailed for six years after fraudulently obtaining almost £3.5m from clients in the North East.

IFAonline | 25 Mar 2014 | 07:38
newspapers-and-glasses

Five things clients will call you about this week

It's our round-up of the stories your clients may have read in the national newspapers over the weekend

IFAonline | 24 Mar 2014 | 11:20
bank-signs-2

US regulator sues 16 banks for alleged Libor rigging

A US regulator has sued 16 banks for allegedly manipulating the London interbank offered rate (Libor).

IFAonline | 17 Mar 2014 | 07:59
Chancellor George Osborne presenting the 2013 Budget in the traditional red box

Budget wishlist: What advisers want from the Chancellor

Chancellor George Osborne will deliver his annual Budget to parliament next week. The economic backdrop to the announcement has undoubtedly improved since last year, when the UK lost its AAA rating for the first time since 1978 and narrowly avoided falling into a triple-dip recession.

IFAonline | 14 Mar 2014 | 12:40
fca-logo

FCA bans and fines mortgage broker over false info

The Financial Conduct Authority (FCA) has fined and banned a mortgage broker for failing to prevent false client information being submitted to lenders.

IFAonline | 13 Mar 2014 | 15:24
pa-awards-58-170x105

Professional advisers raise £8,000 for the Stroke Association

Readers of Professional Adviser and IFAonline.co.uk have helped raise more than £8,000 for the Stroke Association, a charity that is supporting Institute of Financial Planning (IFP) chief executive Nick Cann in his recovery from a stroke.

IFAonline | 11 Mar 2014 | 12:00
Keith Richards

Keith Richards: The little-known meeting that might just bring trust back

Is the financial services sector as disjointed as some suggest? Not according to PFS chief executive Keith Richards, who here explains why he believes a new initiative can result in greater trust among the public...

IFAonline | 11 Mar 2014 | 10:12
A selection of newspapers

Five things clients will call you about this week

It's our round-up of the stories your clients may have read in the national newspapers over the weekend.

IFAonline | 10 Mar 2014 | 10:28
Martin Wheatley

FPC's stress test powers to be added to mortgage rules

The Financial Policy Committee's power to influence the interest rate stress test in an applicant's affordability assessment will be added to the mortgage rules following a consultation.

IFAonline | 07 Mar 2014 | 12:30
stop-sign2

Stop right there: When (and why) advisers have to say 'no' to clients

Nobody likes to be told they are wrong. Fewer still want to pay for the privilege. But for advisers that's sometimes the best deal they can ever offer. Laura Miller reports...

IFAonline | 06 Mar 2014 | 12:20
kensington-logo-white-bg

Goldman Sachs, Virgin Money and Metro Bank in race for Kensington

At least four banking brands are considering a bid for Kensington Mortgages with private equity firms also interested in the lender.

IFAonline | 03 Mar 2014 | 15:38
housewithscales

UK house prices up by 0.6% in February - Nationwide

UK house prices rose by 0.6% in February, a 9.4% increase on the same month in 2013, according to Nationwide Building Society.

IFAonline | 28 Feb 2014 | 12:03
fraud

Solicitor mortgage fraudster jailed for six years

Solicitor John Fitzpatrick has been sentenced at Sheffield Crown Court to six years' imprisonment for his part in two 'quite spectacular mortgage frauds'.

IFAonline | 27 Feb 2014 | 21:04
fca-logo

FCA challenges lenders over arrears and foreclosure practices

The Financial Conduct Authority (FCA) is challenging lenders to improve their arrears and foreclosure management following a thematic review which found several counts of bad practice at firms.

IFAonline | 25 Feb 2014 | 13:05
nottingham

Nottingham BS to offer whole-of-market mortgage advice in-branch

Nottingham Building Society is to offer whole-of-market mortgage and protection advice across its branch network.

IFAonline | 24 Feb 2014 | 15:43
david-miles

Investors wise to prepare for rate hike, says MPC's Miles

It is "not unreasonable" for investors to anticipate a 2% base rate as early as 2016, but increasing rates is still considered a last resort to tame the housing market, according to Bank of England policymaker David Miles.

IFAonline | 18 Feb 2014 | 07:24

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