Former IFP president Barry Horner has sounded the alarm bell on non-regulated financial planning, saying it could herald a return to a ‘Wild West' mindset of making "easy money".
A promise is a promise is a promise. The FSA pledged a year ago to consult on how to apply a consistent method for calculating firms' expenditure-based requirement (EBR) and, so far… nothing.
The FSA has promised to consult with industry on how to ensure its prudential rules are fair for all business models and sizes as firms say they are delaying expansion plans while they await clarification.
Fee-based adviser Paradigm Norton is launching an hourly-charged financial planning service for people who are in the process of building wealth but have yet to accumulate any real assets.
Aegon will retain its UK life insurance and protection businesses after outlining the latest stage of plans to cut costs by 25%.
Auditors must improve the quality and consistency of their reports on client assets after serious failings were identified, the FSA says.
House prices fell across all regions of the UK for the first time since April 2009 this month, a survey suggests.
Norwich & Peterborough Building Society (N&P) has requested more time to deal with complaints from customers caught up in the Lifemark scandal.
'Life planning is an unprofitable, idealist movement that can only result in fewer clients'. Couldn't be more wrong, says George Kinder.
Could facing your palms upwards when answering questions really lose you clients? Body language expert Richard Newman elaborates...