Cater Allen has launched an 'Retail Distribution Review (RDR)-ready' structured deposit plan, offering 100% participation in FTSE 100 growth, capped at 26%.
Sadly many advisory businesses are preparing for RDR with ‘dumbed down' advice propositions for which fees will be hard to justify, says Bruce Moss
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.
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.
The government will take action if charges paid by auto-enrolled pension scheme members shoot up after the Retail Distribution Review (RDR) commission ban.
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.
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.
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.
A financial adviser has been banned and fined £117,330 for mis-selling unregulated collective investment schemes (UCIS).