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Regulation

Investment

Warning issued over celeb-marketed store pod investment

An industry trade body is warning investors about the risks of putting money into store pod investments advertised by a former Top Gear presenter, based on what it says are inaccuracies in the scheme's marketing material.

clock 10 September 2014 • 4 min read

Regulation

FCA chief Wheatley backs innovators to close advice gap

The chief executive of the Financial Conduct Authority (FCA) has said the market will innovate to close any advice gaps created from changes brought in following the Retail Distribution Review (RDR).

clock 10 September 2014 •

Regulation

Martin Wheatley backs 'competent' MAS

Martin Wheatley, the chief executive of the Financial Conduct Authority (FCA), said he has confidence the Money Advice Service (MAS) is a "competent organisation", though said it faces a huge operational challenge to deliver the free financial guidance...

clock 09 September 2014 •

Pensions

Webb confirms NEST limits will go in 2017

Pensions minister Steve Webb has confirmed that restrictions on the National Employment Savings Trust (NEST) will be abolished in April 2017.

clock 08 September 2014 •

Regulation

FOS finds against Towry in trivial commutation ruling

Towry has been ordered to pay compensation plus £250 for causing distress to a retiree after the Financial Ombudsman Service (FOS) ruled one of its advisers gave unsuitable advice by failing to inform her of a change in pension legislation affecting small...

clock 05 September 2014 •

Regulation

TPAS reveals five-step retirement 'guidance' process

The Pensions Advisory Service (TPAS) - one of the bodies tasked by the government with delivering free and independent guidance on retirees' options - has outlined its plans for how it would be done.

clock 04 September 2014 •

Regulation

Citizens Advice: Guidance guarantee not a one-off event

The guidance guarantee should be delivered as a process with various touch points not a one-off token conversation, the chief executive of the Citizens Advice Bureau has said.

clock 04 September 2014 •

Regulation

Prudential tops pension complaints; L&G mortgage gripes up 900%

Prudential has topped the Financial Ombudsman Service's (FOS) list of most complained about pension firms after consumer gripes against the firm were up 2% on the previous half year.

clock 02 September 2014 •

Equity release

Warning over advisers' equity release awareness as sales spike

The Equity Release Solicitors' Alliance (ERSA) has issued an alert to advisers after it became concerned more could be advising consumers on the products "not fully aware of the requirements".

clock 01 September 2014 • 1 min read

Income

To defer or not to defer; the state pension dilemma

As more individuals choose to work beyond the state pension age, Andy James weighs up the options for those approaching retirement.

clock 26 August 2014 • 3 min read
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