Simon Evan Cook respects the 'average investor' argument in the active v passive debate, but argues it sidesteps a crucial factor...
The number of previously-advised customers who no longer have a financial adviser following widespread regulatory changes may be as large as five million, a report suggests.
The Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) are taking steps to ensure their approach to overseeing workplace pensions does not result in "regulatory arbitrage".
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People looking to establish tax avoidance schemes will have to pay due taxes to HMRC upfront before applying to get it back through the courts, Chancellor George Osborne has announced.
Providers purchasing tables at awards ceremonies and inviting advisers to sit on them will likely not be in breach of the Financial Conduct Authority's (FCA's) requirements on inducements, it has confirmed.