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Author profile

Carmen Reichman

Carmen Reichman

Carmen joined Professional Adviser in May 2013 following a brief stint on a private equity title. She specialises in regulation, and covers the networks and nationals patch.

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Articles by Carmen Reichman

Pensions

Frustrated advisers say SIPP due diligence 'not difficult'

Proper SIPP due diligence is a straightforward task, say frustrated advisers

clock 29 April 2014 •

Income

UK less bullish than Brazil on funding retirement - survey

Eight in ten UK investors are confident they will be able to fund the retirement lifestyle they want, but this is still fewer than in Brazil, a survey has found.

clock 29 April 2014 •

Regulation

Two AFH Financial firms on FSCS list of defaults

Two IFA businesses acquired by listed IFA AFH Financial in 2012 have featured on the Financial Services Compensation Scheme's (FSCS) latest list of defaulted firms.

clock 28 April 2014 •

Regulation

FCA: More firms face enforcement over pension transfers into SIPPs

The Financial Conduct Authority (FCA) has warned advisers to drastically improve standards on pension transfers to self-invested personal pensions (SIPPS), saying it expects more firms to face enforcement action due to the "serious and ongoing failings"....

clock 28 April 2014 •

Regulation

Debt management firms blur boundary between advice and sales, finds FCA report

A report commissioned by the Financial Conduct Authority (FCA) has accused debt management companies (DMC) of blurring the boundaries between financial advice and sales and pressurising consumers to opt for their products.

clock 27 April 2014 •

Income

Firms question flat fee concept for retirement advice

Is focused advice a viable option?

clock 25 April 2014 •

Regulation

Arch Cru: When (and why) advice claims are rejected by the FOS

The Financial Ombudsman Service (FOS) has rejected five out of 43 claims at decision stage against advice to invest in Arch Cru since it started publishing complaints decisions last April, its data has shown.

clock 25 April 2014 • 4 min read

Regulation

Three quarters of IFAs determined to stay independent - survey

Around three quarters of IFAs plan to stay independent despite a tougher stance from the regulator on the definition of independent advice, according to an industry survey.

clock 24 April 2014 •

Your profession

SimplyBiz acquires estate planning and will writing business

Adviser support services group SimplyBiz has acquired estate planning and will writing business APS Legal & Associates and its subsidiaries Simply Legal & Associates and Assured Probate Services.

clock 23 April 2014 •

Regulation

Former Competition Commission chief joins FCA

The Financial Conduct Authority (FCA) has appointed former chief executive of the Competition Commission (CC) David Saunders as a senior adviser on competition.

clock 23 April 2014 •
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