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Regulation

Regulation

Auto-enrolment savings won't be enough, says AWD

Auto-enrolment may not be sufficient to fund people's retirement so investors should supplement their saving in alternative ways, advisory group AWD Chase De Vere has said.

clock 07 August 2012 •

Regulation

MoJ consults on cutting LPA waiting times

The Ministry of Justice (MoJ) is proposing to reduce the length of time it takes to process applications to register a lasting power of attorney (LPA).

clock 07 August 2012 •

Regulation

FOS rejects calls for claims company levies

The Financial Ombudsman Service (FOS) has rejected calls from industry stakeholders for claims management companies (CMCs) to be charged FOS fees and levies.

clock 07 August 2012 •

Income

DWP denies pot-follows-member will boost fraud

The Department for Work and Pensions (DWP) has denied that its preferred option for consolidating small pots will increase cases of pension fraud.

clock 07 August 2012 •

RDR

L&G readies restricted advice solution as profits rise

Insurer Legal & General (L&G) said it is ready to deliver a restricted advice solution for its distribution partners after announcing an increase in half-year profits.

clock 07 August 2012 •

Regulation

FOS board changes on the horizon

Changes could be made to the Financial Ombudsman Service (FOS) board ahead of the industry-wide regulatory upheaval next year.

clock 06 August 2012 •

Regulation

Tenet repeats call for product premium to fund regulators

A premium charged on products and investments could part-fund the Financial Services Authority (FSA) and Financial Services Compensation Scheme (FSCS) and ease the burden of regulatory costs on advisory businesses, IFA support group Tenet has suggested....

clock 06 August 2012 •

RDR

PFS to honour paraplanners at Chartered awards

The Personal Finance Society (PFS) has added a new category to its Chartered Awards 2012 - Paraplanner of the Year.

clock 06 August 2012 •

Regulation

Honister: Aegon latest provider to approve bulk transfers

Pensions and insurance provider Aegon has said it will accept requests from former Honister Capital IFAs to transfer in bulk the advisers' clients to their new employer.

clock 06 August 2012 •

Regulation

FSCS considering Bentley-Leek claims

The Financial Services Compensation Scheme (FSCS) has raised the spectre of further levies to compensate Bentley-Leek Financial Management customers invested in collapsed property schemes.

clock 06 August 2012 •
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