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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

Income

Rise in people planning to sell property to fund retirement

The amount of people planning to sell their property to fund their retirement has risen by 4%, according to research commissioned by Baring Asset Management, making it the highest number since 2009.

clock 13 August 2013 •

Regulation

FOS executive team takes home £1.44m

The Financial Ombudsman Service's (FOS) executive team has earned a total of £1.442m including benefits in the 2012/13 financial year, according to its audited directors' report and financial statements published last week.

clock 13 August 2013 •

Your profession

Advisers shutting doors on US expats

A growing number of wealth managers are shutting their doors on US expatriates as a controversial new tax law nears its implementation, according to an international advisory firm.

clock 13 August 2013 •

Regulation

Long-stop petition nears 2,500 signatures

Adviser support group Tenet's petition asking the government for a long-stop for financial advice complaints has reached 2,098 signatures in only ten days.

clock 13 August 2013 •

Your profession

'Extremely worrying' lack of understanding about pensions among savers

The majority of consumers are showing an "extremely worrying" lack of understanding about their pension plans, new research suggests.

clock 12 August 2013 •

Your profession

IFP launches new website with 'Paraplanner Zone'

The Institute of Financial Planning (IFP) has launched its new website including a designated space for paraplanners, the Paraplanner Zone.

clock 12 August 2013 •

Your profession

Prudential 'on track to achieve remaining objectives' by year end

Prudential is on track to achieve the outstanding two of six objectives it set itself in 2010 following the controversial takeover attempt of Asian insurer AIA.

clock 12 August 2013 •

Your profession

Prudential boosts profits; UK sales hit by RDR

Prudential has boosted operating profits by 22% in the first six months of the year but said UK sales had been hit by the implementation of the Retail Distribution Review (RDR).

clock 12 August 2013 •

RDR

FCA concerned about exec-only commission model

The Financial Conduct Authority (FCA) is concerned about execution-only, or non-advised, sales and the commission payments that such transactions are still allowed to collect.

clock 12 August 2013 •

Regulation

FCA concerned about 'retrospective' approach

The Financial Conduct Authority (FCA) is concerned about being too retrospective in its approach and said further work needed to be done to improve certainty for regulated firms, board minutes have revealed.

clock 12 August 2013 •
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