Regulation

        Half of retirees to seek professional advice, research

        Professional Adviser | 31 Oct 2014 | 12:52

        Almost half of consumers due to retire within the next decade will be seeking help from regulated financial advisers, research claims.

        business-advice
        fca-logo

        FCA warns of scheme targeting people's pensions through SIPPs

        The Financial Conduct Authority (FCA) has warned of a scheme encouraging pension savers to transfer money from their work pension schemes into self-invested personal pensions (SIPPs) to be invested into an AIM listed company.

        Professional Adviser | 31 Oct 2014 | 10:50
        mark-boyle-tpr

        Pensions watchdog fines first employers over auto-enrolment failures

        Three employers have been issued fixed penalties of £400 in The Pensions Regulator’s (TPR) first use of fines for failures related to auto-enrolment.

        Professional Adviser | 29 Oct 2014 | 13:53

    Other Regulation articles

      webb-steve

      Webb: Guidance guarantee aimed at 'middle Britain'

      The government's free impartial at-retirement guidance is aimed at middle Britain, not high or low net worth individuals, pensions minister Steve Webb has told MPs.

      Professional Adviser | 24 Oct 2014 | 07:16
      ros-altman-2jpg

      Altmann calls for tighter regulation of product providers

      Pensions expert Ros Altmann has called on the Financial Conduct Authority (FCA) to tighten its grip on product providers to ensure customers are treated fairly once they have received the government's proposed retirement guidance.

      Professional Adviser | 23 Oct 2014 | 14:02
      pensioner756857

      Changes to death benefits: What does it mean for clients?

      As the dust settles on the Chancellor's latest big pensions announcement, Mark Pearson reflects on what impact the proposals may have on various client groups...

      Professional Adviser | 22 Oct 2014 | 10:30
      bradbury-sheriar-2

      Is pension simplification yet another nail in the coffin of advice for less wealthy clients?

      Pension simplification brings choice to all retirees, meaning advice has never been so valuable. But, Sheriar Bradbury writes, advisers just can’t afford to get involved with the less wealthy…

      Professional Adviser | 22 Oct 2014 | 10:19
      abraham

      FCA sets out to bust myths about its rules

      Abraham Okusanya paid a visit to an FCA compliance seminar and discovered a regulator keen to banish, once and for all, some of the misconceptions around its rules...

      Professional Adviser | 22 Oct 2014 | 07:40
      Gears of War skull

      FSCP warns of emergence of 'toxic' products in retirement space

      Chair of the Financial Services Consumer Panel (FSCP) Sue Lewis has told MPs she expects the emergence of "a lot of toxic products" in the retirement sector following the announcement of new pension freedoms in the Budget.

      Professional Adviser | 22 Oct 2014 | 07:37
      House of Parliament at night on River Thames

      FCA: Guidance should help people ask questions, not give answers

      The Financial Conduct Authority (FCA) expects the guidance guarantee to “help people understand the questions they should be asking”, not offer choices for them, director of policy David Geale has told MPs.

      Professional Adviser | 21 Oct 2014 | 11:05
      complaints66

      FOS reports rise in annuity and income drawdown complaints

      Complaints to the Financial Ombudsman Service (FOS) about annuities and income drawdown products have seen an uptick the since the March Budget, new figures have shown.

      Professional Adviser | 21 Oct 2014 | 07:30
      andy-leggett

      P2P or not P2P: Do SIPPs and peer-to-peer lending mix?

      P2P lending might have captured investors’ attention but utilising it in a SIPP brings a unique set of challenges, writes Andy Leggett

      Professional Adviser | 20 Oct 2014 | 11:31
      money-hands-seed-vc

      Annuities to be 100% protected by FSCS

      Annuities will soon be protected 100% by the Financial Services Compensation Scheme (FSCS) if recent proposals by the Prudential Regulation Authority (PRA) get adopted.

      Professional Adviser | 17 Oct 2014 | 13:17
      hannant-chris

      Most advisers want referrals from MAS post-'guidance' - survey

      Almost three quarters of advisers want to be included on a Money Advice Service (MAS) directory for firms prepared to give retirement advice to those who have received free pensions 'guidance' under a government scheme, research suggests.

      Professional Adviser | 16 Oct 2014 | 17:27
      neilmacgillivrayjamesh

      Blog: May you live in interesting (retirement) times

      Has the Chancellor brought about pension flexibility or more pension complexity? Neil MacGillivray voices his opinion…

      Professional Adviser | 16 Oct 2014 | 14:18
      HSBC

      HSBC to review pension transfers following FOS trail ruling

      HSBC is to review historical pension transfer cases to see if it is earning trail income for ongoing advice it is not delivering.

      Professional Adviser | 16 Oct 2014 | 13:35
      mark-boyle-tpr

      Pensions regulator braced for spike in auto-enrolment non-compliance

      The Pensions Regulator (TPR) expects a significant increase in the number of sanctions it hands out for auto-enrolment non-compliance as small employers hit their staging dates.

      Professional Adviser | 16 Oct 2014 | 10:42
      jamie-smith-thompson

      From 'give us a quote' to 'what should I do?': How Budget 2014 is transforming client behaviour

      Prior to Budget 2014, most queries to pensions advisory service Portal Financial were for straightforward quotes. How things have changed...

      Professional Adviser | 15 Oct 2014 | 14:09
      Keith Richards

      PFS chief adds to calls for MAS and TPAS to consider name-change

      The Personal Finance Society (PFS) has written to the Money Advice Service (MAS) and The Pensions Advisory Service (TPAS) to suggest they change their names to better reflect the services they offer.

      Professional Adviser | 15 Oct 2014 | 09:42
      hsbc-canary-wharf

      HSBC ordered to refund trail commission to retiree

      Banking giant HSBC has been told to return the trail commission it took from a retiree for ongoing pensions advice it never delivered.

      Professional Adviser | 13 Oct 2014 | 07:45

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