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Regulation

Structured Products

Cater Allen launches 'RDR-ready' structured product

Cater Allen has launched an 'Retail Distribution Review (RDR)-ready' structured deposit plan, offering 100% participation in FTSE 100 growth, capped at 26%.

clock 30 October 2012 •

RDR

Are advice propositions suitable for RDR?

Sadly many advisory businesses are preparing for RDR with ‘dumbed down' advice propositions for which fees will be hard to justify, says Bruce Moss

clock 30 October 2012 •

Regulation

FOS chief praises IFAs for complaints handling

Financial Ombudsman Service (FOS) chief executive Natalie Ceeney has praised independent financial advisers for their complaints handling, saying they do a better job than larger businesses such as banks.

clock 30 October 2012 •

Regulation

Advisers baffled by pricing in run-up to G-Day

Advisers believe uncertainty over future pricing will make it difficult to advise women on lifetime annuities before the EU gender directive on 21 December, Primetime Retirement has found.

clock 30 October 2012 •

Investment

Govt to monitor commission ban fallout on AE charges

The government will take action if charges paid by auto-enrolled pension scheme members shoot up after the Retail Distribution Review (RDR) commission ban.

clock 30 October 2012 •

Regulation

Care home group sues Barclays for £37m over LIBOR rigging

A care home group is suing Barclays for £37m over the rigging of LIBOR in a landmark case which could force the bank to disclose the names of managers involved in the scandal.

clock 30 October 2012 •

Regulation

FSA sets £100k income threshold for minimum fees

The Financial Services Authority (FSA) is to set the income threshold under which firms will only have to pay the minimum annual fee at £100,000.

clock 30 October 2012 •

Regulation

Arch Cru payment scheme deadline extended to end-2013

The deadline for Arch Cru investors to accept payments from a £54m scheme set up by Capita and the funds' depositories has been delayed by 12 months until 31 December 2013.

clock 29 October 2012 •

Regulation

Adviser fined £117k and banned for UCIS mis-selling

A financial adviser has been banned and fined £117,330 for mis-selling unregulated collective investment schemes (UCIS).

clock 29 October 2012 •

Investment

Why UCIS is not a dirty word

DIRTY WORD?

clock 29 October 2012 •
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