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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

Your profession

'What the hell are you doing with it?' MPs attack MAS over budget

The Money Advice Service (MAS) has come under fire from MPs after a sub-committee of the Treasury Select Committee (TSC) accused CEO Caroline Rookes that her organisation does not know what it is doing on money advice.

clock 25 June 2013 •

Your profession

Openwork: mid-market IFAs to disappear in three years' time

Mid-market independent financial advisers could start to disappear in as little as three years' time as regulatory changes and market pressures start to bite, according to a senior figure at Openwork.

clock 25 June 2013 •

Your profession

Law Society: don't get 'mugged' by an insurer

The Law Society has launched a consumer campaign to highlight the importance of using a solicitor when fighting insurance claims.

clock 24 June 2013 •

Regulation

FSCS reviews position on Rockingham advice claims

The Financial Services Compensation Scheme (FSCS) is reviewing its decision to reject claims from investors who lost money in troubled life settlement fund ARM on the advice of now-defunct IFA Rockingham Independent.

clock 24 June 2013 •

Your profession

AFH continues acquisition trail with take over of Shape Financial

Bromsgrove-based independent financial advice firm AFH has acquired Somerset-based IFA Shape Financial in what marks the fourteenth acquisition by the firm since its flotation.

clock 24 June 2013 •

Regulation

Pensions Bill open to public submissions

The government's Pensions Bill, which was first introduced in May and is set to reform the UK's state and private pensions, is now taking views from the public before it reaches its final stages in the Commons.

clock 21 June 2013 •

Regulation

Towry: level 6 requirement in two years would be 'no surprise'

Wealth adviser Towry has said it would be "no surprise" if the regulator raises the qualifications bar for advisers to level 6 in the next two to three years.

clock 21 June 2013 •

Regulation

APFA: advisers not prepared for new capital rules

Many advisers are not prepared to handle incoming minimum capital requirements, according to the Association of Professional Financial Advisers (APFA).

clock 20 June 2013 •

Regulation

FSCS to review claims process after appeals court advice ruling

The Financial Services Compensation Scheme (FSCS) is to consider the implications for its claims process of a decision to reject its appeal against a High Court judgement which determined it failed to properly compensate an investor who lost money in...

clock 19 June 2013 •

Regulation

Consumer panel backs tougher rules for bankers

The Financial Services Consumer Panel (FSCP) is backing calls for tougher regulation of bankers.

clock 19 June 2013 •
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