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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

RDR

Tenet: advisers future-proofing with push to Level 6

Financial advisers have embraced the Retail Distribution Review's (RDR) push for higher qualifications and are looking to extend their level of expertise beyond the mandatory QCF Level 4, an advisory support group said.

clock 28 May 2013 •

Regulation

FCA fines former non-exec director £154k for conflicts of interest

The Financial Conduct Authority (FCA) is set to ban and fine a former non-executive director (NED) at two mutual societies for failing to disclose her conflicts of interest.

clock 24 May 2013 •

Tax Planning

Blog: the future of inheritance tax planning

IHT Planning Matters head Peter Legg talks about the current political motivation to clamp down on tax avoidance and what implications it could have for the planning of inheritance tax.

clock 24 May 2013 •

Your profession

Paraplanning 'no longer a job but a career'

The profession of paraplanner is fast becoming a respected career path for young graduates, with higher qualifications becoming more common and wages rising, an industry survey suggests.

clock 23 May 2013 •

Regulation

Ex-IFA loses court battle over FOS pension advice ruling

A former IFA has lost his challenge to overturn the Financial Ombudsman's ruling that he had given a client unsuitable pension advice, which ordered him to pay almost £50,000 in compensation.

clock 22 May 2013 •

Regulation

FSCS completes payout to Millom and District Credit Union members

The Financial Services Compensation Scheme (FSCS) has compensated 530 members of the Millom and District Credit Union following its collapse last week.

clock 22 May 2013 •

Regulation

Commissioner dismisses traders' complaint against FSA

The Financial Services Complaints Commissioner has dismissed a complaint by a group of London traders against the Financial Services Authority (FSA) for its handling of alleged market abuse on a number of exchanges dating as far back as 2007.

clock 21 May 2013 •

Mortgages

BoI reverses mortgage tracker increase for 1,200 customers

The Bank of Ireland (BoI) has reversed controversial increases of mortgage rates for some of the 13,500 affected borrowers following pressure from consumers and lawyers.

clock 21 May 2013 •

Regulation

IFAs could face new burdens under independent Scotland

IFAs in Scotland could see regulatory costs rise, and have to deal with an inefficient compensation scheme, should the nation's electorate vote 'yes' to independence from the UK, a government report warned.

clock 20 May 2013 •

Your profession

FSCS confirms Honister Capital in default

Honister Capital and its IFA networks Sage Financial, Honister Partners and Burns Anderson have defaulted, the Financial Services Compensation Scheme (FSCS) announced today.

clock 17 May 2013 •
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