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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

Towry to move 4,000 SIPP clients to James Hay

Wealth manager Towry is to move its self-invested personal pension (SIPP) clients onto the James Hay platform after the closure of its SIPP operation later this year.

clock 27 May 2015 •

Regulation

Lies and secret fees: Why is the FCA trying to fine Stewart Ford £75m?

Lies and secret fees: Why is the FCA trying to fine Stewart Ford £75m?

clock 27 May 2015 •

Regulation

Adviser rep to help shape troubled MAS' future

Association of Professional Financial Advisers (APFA) director general Chris Hannant and former Association of British Insurers (ABI) boss Otto Thoresen have been named on a panel tasked with helping shape the future of the Money Advice Service (MAS)....

clock 21 May 2015 •

Regulation

FCA misses voluntary customer service targets after enquiries hike

The Financial Conduct Authority (FCA) helpline has failed to achieve its voluntary targets for servicing enquiries from firms after being hit by increased demand for help with consumer credit and AIFMD.

clock 21 May 2015 •

Regulation

Adviser fraudster victim in HSBC compensation fight

A victim of convicted fraudster financial adviser Chris Bladen is fighting banking giant HSBC for compensation, alleging the bank failed to recognise he 'forged' signatures on his account.

clock 21 May 2015 •

Regulation

New adviser body backs commission-like charges

A new association for directly authorised advisers said it hopes to bridge the advice gap by introducing a type of service for which commission-like payment will be possible.

clock 18 May 2015 •

Your profession

Foster Denovo: More adviser-provider referral partnerships needed

The opening up of the retirement income market will drive the emergence of more adviser-provider partnerships, according to Foster Denovo.

clock 14 May 2015 •

Pensions

Guidance mistaken for advice devalues the real thing, experts warn

The potential for savers taking free financial guidance to mistake it for advice is real and threatens everything advisers "have worked hard for", a financial planner argued in a panel debate on the government's Pension Wise service.

clock 13 May 2015 •

Regulation

Advisers could be caught in MiFID II 'appropriateness' testing

Advisers could be forced to collect and share client information on non-advised business with providers under new rules mooted by the Financial Conduct Authority (FCA).

clock 13 May 2015 •

Regulation

Aegon platform inflows triple; confirms will not enter direct distribution

Inflows onto Aegon's platform have tripled as the provider benefited from the effects of pensions freedom, it said in an interim statement today.

clock 13 May 2015 •
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