Professional Adviser www.professionaladviser.com Tilney Smith & Williamson sees gross inflows of £4.5bn in nine months <img alt="Tilney Smith &amp; Williamson sees gross inflows of £4.5bn in nine months" src="https://www.professionaladviser.com/api/v1/wps/c84e8c2/5f7b8213-db29-46ca-b4ec-70d65eb444a6/11/Chris-Woodhouse-185x114.jpg" /> <p><!--summary start--> Tilney Smith & Williamson has attracted £4.5bn of gross new business in the first nine months of 2021, bringing assets under management to £56bn. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/c84e8c2/5f7b8213-db29-46ca-b4ec-70d65eb444a6/11/Chris-Woodhouse-185x114.jpg https://www.professionaladviser.com/news/4039568/tilney-smith-williamson-gross-inflows-gbp-5bn-months https://www.professionaladviser.com/news/4039568/tilney-smith-williamson-gross-inflows-gbp-5bn-months https://www.professionaladviser.com/news/4039568/tilney-smith-williamson-gross-inflows-gbp-5bn-months Mon, 1 Nov 2021 15:55:07 +0000 Suspicious activity reports by staff at financial firms exceeded one million during 2019-20 <img alt="Suspicious activity reports by staff at financial firms exceeded one million during 2019-20" src="https://www.professionaladviser.com/api/v1/wps/7175c40/f2f26c25-3be8-4e02-a4f5-5b020e0515f2/7/iStock-1271787791-185x114.jpg" /> <p><!--summary start--> Suspicious activity reports submitted by staff at financial firms have been steadily increasing in number year-on-year since 2017, according to data from the FCA. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/7175c40/f2f26c25-3be8-4e02-a4f5-5b020e0515f2/7/iStock-1271787791-185x114.jpg https://www.professionaladviser.com/news/4039542/suspicious-activity-reports-staff-financial-firms-exceeded-million-2019 https://www.professionaladviser.com/news/4039542/suspicious-activity-reports-staff-financial-firms-exceeded-million-2019 https://www.professionaladviser.com/news/4039542/suspicious-activity-reports-staff-financial-firms-exceeded-million-2019 Mon, 1 Nov 2021 12:35:24 +0000 Lenders sign up to uniform mortgage 'tariff' <p><!--summary start--> Major lenders have agreed to publish mortgage fees in a uniform way by the end of this year to make it easier for consumers to compare costs. <!--summary end--></p> https://www.professionaladviser.com/news/2436041/lenders-sign-uniform-mortgage-tariff https://www.professionaladviser.com/news/2436041/lenders-sign-uniform-mortgage-tariff Tue, 24 Nov 2015 12:18:26 +0000 MMR review: FCA flags advice risk in overly rigid use of rules <p><!--summary start--> Most customers are receiving suitable mortgage advice but some firms rely too heavily on tightly structured processes, which force their advisers to bend information to give supposedly 'suitable advice', the regulator has found. <!--summary end--></p> https://www.professionaladviser.com/news/2417073/mmr-review-fca-flags-advice-risk-overly-rigid-rules https://www.professionaladviser.com/news/2417073/mmr-review-fca-flags-advice-risk-overly-rigid-rules Thu, 9 Jul 2015 12:24:09 +0000 Shadow minister: TCF has failed <p><!--summary start--> A shadow minister has claimed the FSA's Treating Customers Fairly (TCF) initiative has failed to adequately protect consumers. <!--summary end--></p> https://www.professionaladviser.com/news/2156713/shadow-minister-tcf-failed https://www.professionaladviser.com/news/2156713/shadow-minister-tcf-failed Fri, 2 Mar 2012 13:40:00 +0000 Why paying brokers is still the most efficient route to market <p><!--summary start--> Saffron Building Society's John Eastgate on why direct channels still cannot compete with intermediaries... <!--summary end--></p> https://www.professionaladviser.com/opinion/2116508/paying-brokers-efficient-route-market https://www.professionaladviser.com/opinion/2116508/paying-brokers-efficient-route-market Wed, 12 Oct 2011 09:15:00 +0000 FOS dismisses 'reputation damage' fears on public decisions <p><!--summary start--> The Financial Ombudsman Service (FOS) will not seek to redact the names of businesses when it makes public its final decisions following a client complaint. <!--summary end--></p> https://www.professionaladviser.com/news/2108086/fos-dismisses-reputation-damage-fears-public-decisions https://www.professionaladviser.com/news/2108086/fos-dismisses-reputation-damage-fears-public-decisions Fri, 9 Sep 2011 11:00:00 +0000 Fee charging debate raises eyebrows at IFP conference <p><!--summary start--> Somewhere in the 100-plus pages of the RDR the FSA says advisers will have the freedom to choose how they charge for their services. But is that what they want? <!--summary end--></p> https://www.professionaladviser.com/opinion/1558447/fee-charging-debate-raises-eyebrows-ifp-conference https://www.professionaladviser.com/opinion/1558447/fee-charging-debate-raises-eyebrows-ifp-conference Tue, 13 Oct 2009 03:02:00 +0000 Intelliflo launches financial planning tools <p><!--summary start--> IntelliFlo has launched a set of tools which allow pension and investment advisers to tailor financial plans for their clients' future. <!--summary end--></p> https://www.professionaladviser.com/news/1343439/intelliflo-launches-financial-planning-tools https://www.professionaladviser.com/news/1343439/intelliflo-launches-financial-planning-tools Tue, 26 May 2009 16:30:00 +0000 Pension switch principles should apply to entire market-Skandia <p><!--summary start--> The pension switching review has implications for the entire market including platform to platform re-registration, Skandia says <!--summary end--></p> https://www.professionaladviser.com/news/1339992/pension-switch-principles-apply-entire-market-skandia https://www.professionaladviser.com/news/1339992/pension-switch-principles-apply-entire-market-skandia Fri, 23 Jan 2009 13:00:00 +0000 Novia takes fight to big three <p><!--summary start--> Novia, the new wrap platform founded by Bill Vasilieff, claims to have already taken business from the big three fund supermarkets just weeks after launching its proposition. <!--summary end--></p> https://www.professionaladviser.com/news/1347870/novia-takes-fight https://www.professionaladviser.com/news/1347870/novia-takes-fight Thu, 8 Jan 2009 14:30:00 +0000 Preparation tool for TCF visits launched <p><!--summary start--> A computer-based system designed to help advisers prepare for FSA ARROW visits, which the regulator says will now include TCF competency, has been launched. <!--summary end--></p> https://www.professionaladviser.com/news/1335581/preparation-tool-tcf-visits-launched https://www.professionaladviser.com/news/1335581/preparation-tool-tcf-visits-launched Wed, 7 Jan 2009 11:30:00 +0000 FSA warns lenders on 'unenforceable' tracker contracts <p><!--summary start--> The FSA has told lenders to ensure they exercise the principles of TCF for customers on tracker mortgages. <!--summary end--></p> https://www.professionaladviser.com/news/1337285/fsa-warns-lenders-unenforceable-tracker-contracts https://www.professionaladviser.com/news/1337285/fsa-warns-lenders-unenforceable-tracker-contracts Tue, 2 Dec 2008 15:16:00 +0000 TCF toolbox for advisers launched <p><!--summary start--> Competent Adviser has released its TCF Toolbox to help mortgage brokers and IFAs meet the FSA's December deadline for full implementation. <!--summary end--></p> https://www.professionaladviser.com/news/1335241/tcf-toolbox-advisers-launched https://www.professionaladviser.com/news/1335241/tcf-toolbox-advisers-launched Mon, 3 Nov 2008 13:00:00 +0000 Compliance site for advisers re-launched <p><!--summary start--> A website designed to help advisers meet their compliance and regulatory targets has been re-launched. <!--summary end--></p> https://www.professionaladviser.com/news/1338767/compliance-site-advisers-launched https://www.professionaladviser.com/news/1338767/compliance-site-advisers-launched Thu, 30 Oct 2008 13:30:00 +0000 Ascentric wrap links to TCF tool <p><!--summary start--> Ascentric has become the second wrap platform to link to the FinQS-developed TCF Centre tool. <!--summary end--></p> https://www.professionaladviser.com/news/1343808/ascentric-wrap-links-tcf-tool https://www.professionaladviser.com/news/1343808/ascentric-wrap-links-tcf-tool Mon, 20 Oct 2008 14:30:00 +0000 Novia forms TCF partnership <p><!--summary start--> New wrap platform Novia Financial has formed a partnership with technology provider FinQS to offer cost effective TCF management information tools for advisers. <!--summary end--></p> https://www.professionaladviser.com/news/1354937/novia-forms-tcf-partnership https://www.professionaladviser.com/news/1354937/novia-forms-tcf-partnership Fri, 12 Sep 2008 11:26:00 +0000 Novia wrap to include TCF tools <p><!--summary start--> New wealth management platform Novia has linked with technology provider FinQS to develop tools to aid advisers with TCF responsibilities. <!--summary end--></p> https://www.professionaladviser.com/news/1345998/novia-wrap-tcf-tools https://www.professionaladviser.com/news/1345998/novia-wrap-tcf-tools Thu, 11 Sep 2008 15:30:00 +0000 FSA slams lenders for TCF failing on arrears <p><!--summary start--> The Intermediary Mortgage Lenders Association (IMLA) has hit back at the FSA for suggesting specialist lenders are not adhering to TCF principles when handling arrears. <!--summary end--></p> https://www.professionaladviser.com/news/1352677/fsa-slams-lenders-tcf-failing-arrears https://www.professionaladviser.com/news/1352677/fsa-slams-lenders-tcf-failing-arrears Tue, 5 Aug 2008 12:00:00 +0000 FSA review puts annuity firms under TCF spotlight <p><!--summary start--> Annuity firms must do more to ensure the fair treatment of pension customers, an FSA review into the Open Market Option (OMO) says. <!--summary end--></p> https://www.professionaladviser.com/news/1336856/fsa-review-annuity-firms-tcf-spotlight https://www.professionaladviser.com/news/1336856/fsa-review-annuity-firms-tcf-spotlight Thu, 31 Jul 2008 12:15:00 +0000 FSA finds vast majority of firms still failing on TCF <p><!--summary start--> Just 13pc of assessed firms met the FSA's March deadline for TCF, the regulator revealed today in its latest update. <!--summary end--></p> https://www.professionaladviser.com/news/1354243/fsa-vast-majority-firms-failing-tcf https://www.professionaladviser.com/news/1354243/fsa-vast-majority-firms-failing-tcf Mon, 30 Jun 2008 12:59:00 +0000 DUAL-PRICING CAMPAIGN - Last chance to give your views <p><!--summary start--> IFAonline.co.uk has been inundated with comments on mortgage dual-pricing over the last few months. In response to requests from our readers, we are launching a campaign on the issue with a view to making the FSA listen properly to advisers' and brokers' concerns. <!--summary end--></p> https://www.professionaladviser.com/feature/1335598/dual-pricing-campaign-chance-views https://www.professionaladviser.com/feature/1335598/dual-pricing-campaign-chance-views Wed, 28 May 2008 11:10:00 +0000 Sants 'completely contradictory' over dual pricing <p><!--summary start--> FSA chief executive Hector Sants is today accused of making "completely contradictory" statements on the issue of dual pricing in an open letter from mortgage adviser Stuart Duncan. <!--summary end--></p> https://www.professionaladviser.com/news/1349068/sants-completely-contradictory-dual-pricing https://www.professionaladviser.com/news/1349068/sants-completely-contradictory-dual-pricing Mon, 12 May 2008 12:25:00 +0000 A little TLC for customers <p><!--summary start--> Dominic Fraser-Smith discusses the implications of the new FSA Treating Customers Fairly (TCF) deadlines for equity release <!--summary end--></p> https://www.professionaladviser.com/feature/1356605/-little-tlc-customers https://www.professionaladviser.com/feature/1356605/-little-tlc-customers Sat, 1 Mar 2008 00:00:00 +0000 AMI launches TCF guide ahead of March deadline <p><!--summary start--> The Association of Mortgage Intermediaries (AMI) has produced a guide on Treating Customers Fairly (TCF) for small firms, ahead of the FSA's March deadline. <!--summary end--></p> https://www.professionaladviser.com/news/1349807/ami-launches-tcf-guide-ahead-march-deadline https://www.professionaladviser.com/news/1349807/ami-launches-tcf-guide-ahead-march-deadline Thu, 21 Feb 2008 11:30:00 +0000 Treating advisers fairly <p><!--summary start--> <!--summary end--></p> https://www.professionaladviser.com/opinion/1356596/treating-advisers-fairly https://www.professionaladviser.com/opinion/1356596/treating-advisers-fairly Tue, 1 Jan 2008 00:00:00 +0000 FSA warns on TCF failings in investment and post life insurance <p><!--summary start--> Firms must speed up Treating Customers Fairly (TCF) improvements if they are to meet next year's deadlines particularly in investment and post life insurance areas, the FSA warns. <!--summary end--></p> https://www.professionaladviser.com/news/1344381/fsa-warns-tcf-failings-investment-post-life-insurance https://www.professionaladviser.com/news/1344381/fsa-warns-tcf-failings-investment-post-life-insurance Tue, 6 Nov 2007 11:22:00 +0000 AMI to help firms meet TCF deadline <p><!--summary start--> The Association of Mortgage Intermediaries (AMI) has launched a campaign to help members meet the March deadline for complying with FSA rules on treating customers fairly (TCF). <!--summary end--></p> https://www.professionaladviser.com/news/1343352/ami-help-firms-meet-tcf-deadline https://www.professionaladviser.com/news/1343352/ami-help-firms-meet-tcf-deadline Fri, 12 Oct 2007 12:30:00 +0000 Mortgage brokers handed TCF exam warning after FSA fines <p><!--summary start--> Mortgage brokers should take a "rigorous and industry respected" qualification in treating customers fairly after it emerged two firms had been fined and another handed a public censure by the FSA for management failings. <!--summary end--></p> https://www.professionaladviser.com/news/1335152/mortgage-brokers-handed-tcf-exam-warning-fsa-fines https://www.professionaladviser.com/news/1335152/mortgage-brokers-handed-tcf-exam-warning-fsa-fines Wed, 1 Aug 2007 12:45:00 +0000 The caring touch <p><!--summary start--> <!--summary end--></p> https://www.professionaladviser.com/opinion/1356412/-caring-touch https://www.professionaladviser.com/opinion/1356412/-caring-touch Fri, 1 Jun 2007 01:00:00 +0000 Fair and square <p><!--summary start--> As advisers get to grips with the principles-led legislation of TCF Kristen Paech takes a look at the challenges they have to face <!--summary end--></p> https://www.professionaladviser.com/feature/1356257/fair-square https://www.professionaladviser.com/feature/1356257/fair-square Fri, 1 Jun 2007 01:00:00 +0000 Question: To what extent have advisers and providers embraced TCF principles? <p><!--summary start--> Each month, we ask our industry to answer one big question! <!--summary end--></p> https://www.professionaladviser.com/analysis/1356138/question-extent-advisers-providers-embraced-tcf-principles https://www.professionaladviser.com/analysis/1356138/question-extent-advisers-providers-embraced-tcf-principles Fri, 1 Jun 2007 01:00:00 +0000 FSA to intensify focus on failing TCF firms <p><!--summary start--> The FSA says it is disappointed in the "sizeable" number of firms that failed to meet its March TCF deadline - and warns it will now intensify its focus on them. <!--summary end--></p> https://www.professionaladviser.com/news/1349454/fsa-intensify-focus-failing-tcf-firms https://www.professionaladviser.com/news/1349454/fsa-intensify-focus-failing-tcf-firms Tue, 8 May 2007 12:00:00 +0000 FSA publishes TCF web pages <p><!--summary start--> The Financial Services Authority has published a set of web pages for small firms to help them understand the treating customers fairly initiative. <!--summary end--></p> https://www.professionaladviser.com/news/1345041/fsa-publishes-tcf-web-pages https://www.professionaladviser.com/news/1345041/fsa-publishes-tcf-web-pages Mon, 18 Dec 2006 12:00:00 +0000 TCF progress 'difficult to measure', says FSA <p><!--summary start--> The Financial Services Authority has recognised measuring the progress of the 'treating customers fairly' initiative will be difficult for firms and the regulator itself. <!--summary end--></p> https://www.professionaladviser.com/news/1346087/tcf-progress-difficult-measure-fsa https://www.professionaladviser.com/news/1346087/tcf-progress-difficult-measure-fsa Wed, 8 Nov 2006 11:00:00 +0000 FSA decries lack of TCF progress <p><!--summary start--> With the onset of Treating Customers Fairly - or TCF - fast approaching, the regulator has published a paper highlighting its progress, says Chris Salih. And it's not a pretty sight <!--summary end--></p> https://www.professionaladviser.com/news/1333292/fsa-decries-lack-tcf-progress https://www.professionaladviser.com/news/1333292/fsa-decries-lack-tcf-progress Fri, 1 Sep 2006 01:00:00 +0000 IFAs outraged as FSA's mystery shoppingreport 'leaves consumers in the dark' <p><!--summary start--> Industry feels report blames IFAs for the bad service of banks and tied firms <!--summary end--></p> https://www.professionaladviser.com/news/1299054/ifas-outraged-fsa-mystery-shoppingreport-leaves-consumers-dark https://www.professionaladviser.com/news/1299054/ifas-outraged-fsa-mystery-shoppingreport-leaves-consumers-dark Tue, 1 Aug 2006 01:00:00 +0000 Handle with care <p><!--summary start--> A year after the FSA stepped up its fight against firms that do not treat their customers fairly, can we see any tangible improvements? Johanna Gornitzki investigates <!--summary end--></p> https://www.professionaladviser.com/feature/1299400/handle-care https://www.professionaladviser.com/feature/1299400/handle-care Mon, 1 May 2006 01:00:00 +0000 IFAs must inform FSA about TCF progress <p><!--summary start--> IFAs must address their shortcomings on Treating Customers Fairly (TCF) promptly and inform the Financial Services Authority (FSA) of their progress, according to Clive Briault, FSA managing director of retail markets. <!--summary end--></p> https://www.professionaladviser.com/news/1353352/ifas-inform-fsa-tcf-progress https://www.professionaladviser.com/news/1353352/ifas-inform-fsa-tcf-progress Wed, 5 Oct 2005 13:00:00 +0000