Professional Adviser www.professionaladviser.com LCP secures 'record income' of £149m in 2021/22 <img alt="LCP secures &#39;record income&#39; of £149m in 2021/22" src="https://www.professionaladviser.com/api/v1/wps/79a1df8/75c9171e-8033-4f4b-92a2-1e252ea8d50d/8/LCP-Aaron-Punwani-print-2017-185x114.jpg" /> <p><!--summary start--> Lane Clark & Peacock (LCP) has reported a “record income” of £149m for the financial year 2021/22. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/79a1df8/75c9171e-8033-4f4b-92a2-1e252ea8d50d/8/LCP-Aaron-Punwani-print-2017-185x114.jpg https://www.professionaladviser.com/news/4053666/lcp-secures-record-income-gbp149m-2021-22 https://www.professionaladviser.com/news/4053666/lcp-secures-record-income-gbp149m-2021-22 https://www.professionaladviser.com/news/4053666/lcp-secures-record-income-gbp149m-2021-22 Mon, 25 Jul 2022 13:42:45 +0000 IFAs must look to technology for 2012 - Aviva <p><!--summary start--> The increased use of integrated technology systems and social media will be vital to the development of IFA businesses post RDR, Aviva has warned. <!--summary end--></p> https://www.professionaladviser.com/news/2133010/ifas-look-technology-2012-aviva https://www.professionaladviser.com/news/2133010/ifas-look-technology-2012-aviva Thu, 15 Dec 2011 10:56:22 +0000 When an inspector calls: How to get the most out of your compliance visit <p><!--summary start--> Jason Kirk, senior compliance field manager at SimplyBiz, explains how to get the most value out of your compliance visits... <!--summary end--></p> https://www.professionaladviser.com/feature/2114780/inspector-calls-getting-compliance-visits https://www.professionaladviser.com/feature/2114780/inspector-calls-getting-compliance-visits Thu, 6 Oct 2011 08:00:00 +0000 BIBA supporting targeted regulation of insurance comparison sites <p><!--summary start--> The British Insurance Brokers' Association (BIBA) is supporting targeted regulation of comparison sites. <!--summary end--></p> https://www.professionaladviser.com/news/2100151/biba-supporting-targeted-regulation-insurance-comparison-sites https://www.professionaladviser.com/news/2100151/biba-supporting-targeted-regulation-insurance-comparison-sites Mon, 8 Aug 2011 14:51:04 +0000 BIBA clarifies limitation of liability for brokers <p><!--summary start--> The British Insurance Brokers' Association (BIBA) has launched a new publication to provide clarification to brokers on the issue of limitation of liability when advising clients. <!--summary end--></p> https://www.professionaladviser.com/news/1600618/biba-clarifies-limitation-liability-brokers https://www.professionaladviser.com/news/1600618/biba-clarifies-limitation-liability-brokers Mon, 12 Apr 2010 09:52:01 +0000 FSCS seeks creative agency for awareness campaign <p><!--summary start--> The Financial Services Compensation Scheme (FSCS) is looking for a creative agency to develop an awareness-raising campaign. <!--summary end--></p> https://www.professionaladviser.com/news/1563615/fscs-seeks-creative-agency-awareness-campaign https://www.professionaladviser.com/news/1563615/fscs-seeks-creative-agency-awareness-campaign Thu, 26 Nov 2009 17:26:01 +0000 Scottish Life new business down 5%; Bright Grey up 10% <p><!--summary start--> Royal London reported a mixed bag of new business results for the first nine months of 2009, with its Scottish Life pensions arm down 5% but Bright Grey sales up 10% on last year. <!--summary end--></p> https://www.professionaladviser.com/news/1560339/scottish-life-business-bright-grey https://www.professionaladviser.com/news/1560339/scottish-life-business-bright-grey Fri, 30 Oct 2009 10:00:00 +0000 Small firms employment law guide released <p><!--summary start--> The Forum of Private Business (FPB) has launched a new Employment Guide. <!--summary end--></p> https://www.professionaladviser.com/news/1533872/-firms-employment-law-guide-released https://www.professionaladviser.com/news/1533872/-firms-employment-law-guide-released Wed, 16 Sep 2009 16:15:22 +0000 ASA cautions British Insurance over direct mailing <p><!--summary start--> Payment protection specialists British insurance have breached Advertising Standards Authority (ASA) codes with a direct mailing promoting its products. <!--summary end--></p> https://www.professionaladviser.com/news/1533715/asa-cautions-british-insurance-direct-mailing https://www.professionaladviser.com/news/1533715/asa-cautions-british-insurance-direct-mailing Wed, 16 Sep 2009 11:25:07 +0000 FSA inspections "inadequate" <p><!--summary start--> Broker claims poor treatment in recent FSA assessments <!--summary end--></p> https://www.professionaladviser.com/news/1299022/fsa-inspections-inadequate https://www.professionaladviser.com/news/1299022/fsa-inspections-inadequate Wed, 1 Apr 2009 01:00:00 +0000 Question: What impact do you think the Retail Distribution Review (RDR) will have on financial advisers? What are the pros and cons? <p><!--summary start--> Each month, we ask our industry to answer one big question! <!--summary end--></p> https://www.professionaladviser.com/analysis/1356089/question-impact-retail-distribution-review-rdr-financial-advisers-pros-cons https://www.professionaladviser.com/analysis/1356089/question-impact-retail-distribution-review-rdr-financial-advisers-pros-cons Sun, 1 Mar 2009 00:00:00 +0000 Marking the boundaries <p><!--summary start--> The introduction of principles-based regulation has resulted in more open relationships between intermediaries and customers. Mike Izzard explains the effect on AMII membership firms <!--summary end--></p> https://www.professionaladviser.com/feature/1299475/marking-boundaries https://www.professionaladviser.com/feature/1299475/marking-boundaries Mon, 1 Dec 2008 00:00:00 +0000 IT spend fortifies industry framework <p><!--summary start--> The insurance industry is moving its IT spend towards risk management and compliance instead of disc... <!--summary end--></p> https://www.professionaladviser.com/news/1299721/-spend-fortifies-industry-framework https://www.professionaladviser.com/news/1299721/-spend-fortifies-industry-framework Sat, 1 Nov 2008 00:00:00 +0000 Andrew Strange - A beady eye <p><!--summary start--> Aifa's new policy director talks to Paul Robertson about issues affecting IFAs - from challenges of the RDR, to TCF deadlines and the ongoing PPI investigation - plus Kylie Minogue <!--summary end--></p> https://www.professionaladviser.com/interview/1299623/andrew-strange-beady-eye https://www.professionaladviser.com/interview/1299623/andrew-strange-beady-eye Mon, 1 Sep 2008 01:00:00 +0000 FSA asks market to transform 'skeletal' solution into reality <p><!--summary start--> The FSA has met trade association representatives to discuss a market-based solution for greater com... <!--summary end--></p> https://www.professionaladviser.com/news/1300744/fsa-market-transform-skeletal-solution-reality https://www.professionaladviser.com/news/1300744/fsa-market-transform-skeletal-solution-reality Fri, 1 Aug 2008 01:00:00 +0000 An open letter on dual-pricing to Hector Sants from IFAonline.co.uk <p><!--summary start--> Dear Mr Sants, I am writing to you on behalf of the huge number of IFAonline.co.uk readers who believe the FSA's response to the issue of dual-pricing has been insufficient and are calling for urgent further action. <!--summary end--></p> https://www.professionaladviser.com/news/1344747/-letter-dual-pricing-hector-sants-ifaonline-uk https://www.professionaladviser.com/news/1344747/-letter-dual-pricing-hector-sants-ifaonline-uk Wed, 28 May 2008 16:00:00 +0000 DUAL-PRICING CAMPAIGN - Last chance to give your views <p><!--summary start--> IFAonline.co.uk has been inundated with comments on mortgage dual-pricing over the last few months. In response to requests from our readers, we are launching a campaign on the issue with a view to making the FSA listen properly to advisers' and brokers' concerns. <!--summary end--></p> https://www.professionaladviser.com/feature/1335598/dual-pricing-campaign-chance-views https://www.professionaladviser.com/feature/1335598/dual-pricing-campaign-chance-views Wed, 28 May 2008 11:10:00 +0000 Unchanged melody <p><!--summary start--> Many across the industry have been distinctly underwhelmed by the new Insurance Conduct of Business sourcebook but, as Lucy Quinton writes, it still holds a few surprises. <!--summary end--></p> https://www.professionaladviser.com/feature/1297876/unchanged-melody https://www.professionaladviser.com/feature/1297876/unchanged-melody Fri, 1 Feb 2008 00:00:00 +0000 Promoting a team effort <p><!--summary start--> While the FSA has made strides that could further COVER's industry-backed Promoting Protection campaign, Mark Twigg explains why the Government needs to throw its hat in the ring. <!--summary end--></p> https://www.professionaladviser.com/feature/1299052/promoting-team-effort https://www.professionaladviser.com/feature/1299052/promoting-team-effort Tue, 1 Jan 2008 00:00:00 +0000 FSA targets PPI failures with updated insurance rules <p><!--summary start--> The FSA has targeted payment protection insurance (PPI) failures in its new Insurance Conduct of Business sourcebook (ICOBS). <!--summary end--></p> https://www.professionaladviser.com/news/1339851/fsa-targets-ppi-failures-updated-insurance-rules https://www.professionaladviser.com/news/1339851/fsa-targets-ppi-failures-updated-insurance-rules Tue, 18 Dec 2007 11:45:00 +0000 After the storm <p><!--summary start--> Compliance consultant Branko Bjelobaba looks back at how Financial Services Authority regulation has affected the PMI sector and forecasts the future outlook. <!--summary end--></p> https://www.professionaladviser.com/feature/1300452/-storm https://www.professionaladviser.com/feature/1300452/-storm Mon, 1 Oct 2007 01:00:00 +0000 Question: What impact will the retail distribution review have on the adviser community? <p><!--summary start--> Each month, we ask our industry to answer one big question! <!--summary end--></p> https://www.professionaladviser.com/analysis/1356615/question-impact-retail-distribution-review-adviser-community https://www.professionaladviser.com/analysis/1356615/question-impact-retail-distribution-review-adviser-community Wed, 1 Aug 2007 01:00:00 +0000 Firm but fair <p><!--summary start--> Companies are still not satisfying the FSA's Treating Customers Fairly initiative. Lucy Quinton takes an in-depth look at what is expected of firms and where they are going wrong <!--summary end--></p> https://www.professionaladviser.com/feature/1298388/firm-fair https://www.professionaladviser.com/feature/1298388/firm-fair Wed, 1 Aug 2007 01:00:00 +0000 Flexible Menu and IDD plans approved by EU <p><!--summary start--> The FSA has confirmed advisers will have much greater flexibility on how they provide information to their customers on their status, the nature of their advice and how they are paid. <!--summary end--></p> https://www.professionaladviser.com/news/1335236/flexible-menu-idd-plans-approved-eu https://www.professionaladviser.com/news/1335236/flexible-menu-idd-plans-approved-eu Mon, 30 Jul 2007 13:47:00 +0000 Greater clarity needed on protection sales - FSA <p><!--summary start--> The FSA today says there must be greater clarity for consumers on both the price and ‘characteristics' of protection products sold by advisers and providers. <!--summary end--></p> https://www.professionaladviser.com/news/1337558/-clarity-protection-sales-fsa https://www.professionaladviser.com/news/1337558/-clarity-protection-sales-fsa Fri, 29 Jun 2007 13:08:00 +0000 Fair and square <p><!--summary start--> As advisers get to grips with the principles-led legislation of TCF Kristen Paech takes a look at the challenges they have to face <!--summary end--></p> https://www.professionaladviser.com/feature/1356257/fair-square https://www.professionaladviser.com/feature/1356257/fair-square Fri, 1 Jun 2007 01:00:00 +0000 ICOB regime to receive FSA restructure <p><!--summary start--> Regulation: FSA plans to create two-tier structure for ICOB products <!--summary end--></p> https://www.professionaladviser.com/news/1299053/icob-regime-receive-fsa-restructure https://www.professionaladviser.com/news/1299053/icob-regime-receive-fsa-restructure Sun, 1 Apr 2007 01:00:00 +0000 Knock-on effect <p><!--summary start--> With the FSA setting the wheels in motion on its regulation changes and Treating Customers Fairly initiative, Sam Barrett finds out what the effects will be on the protection market <!--summary end--></p> https://www.professionaladviser.com/feature/1298278/knock-effect https://www.professionaladviser.com/feature/1298278/knock-effect Sun, 1 Apr 2007 01:00:00 +0000 Quality of advice means exams must stay - FSA <p><!--summary start--> The FSA is suggesting the quality of advice delivered to retail consumers is not good enough to warrant removing all prescriptive rules of the Training and Competence regime. <!--summary end--></p> https://www.professionaladviser.com/news/1349716/quality-advice-means-exams-stay-fsa https://www.professionaladviser.com/news/1349716/quality-advice-means-exams-stay-fsa Wed, 28 Feb 2007 15:45:00 +0000 Shock waves from the FSA <p><!--summary start--> Ben Goh , managing director of Financial Services Compliance Ltd, considers the implications of the resignation of FSA CEO John Tiner... <!--summary end--></p> https://www.professionaladviser.com/news/1354275/shock-waves-fsa https://www.professionaladviser.com/news/1354275/shock-waves-fsa Thu, 15 Feb 2007 00:00:00 +0000 Viewpoint <p><!--summary start--> The Financial Services Authority recently published its proposals for a radical move to principles-based regulation. What will this mean for the industry and what are the pitfalls? <!--summary end--></p> https://www.professionaladviser.com/opinion/1298175/viewpoint https://www.professionaladviser.com/opinion/1298175/viewpoint Fri, 1 Dec 2006 00:00:00 +0000 Web tool aims to help TCF compliance <p><!--summary start--> An online training tool designed to help advisers comply with the Financial Services Authority's (FS... <!--summary end--></p> https://www.professionaladviser.com/news/1298507/web-tool-aims-help-tcf-compliance https://www.professionaladviser.com/news/1298507/web-tool-aims-help-tcf-compliance Fri, 1 Sep 2006 01:00:00 +0000 Free and easy? <p><!--summary start--> After the first year of depolarisation, Edward Murray asks whether the removal of regulation means the market is a more open place - or if it just contains more confused customers? <!--summary end--></p> https://www.professionaladviser.com/feature/1299434/free-easy https://www.professionaladviser.com/feature/1299434/free-easy Thu, 1 Jun 2006 01:00:00 +0000 Consumer protection <p><!--summary start--> The FSA wasn't happy about the way PPI providers treated their customers, and you could see its point. It's time the market called a halt to bad practices, says Simon Burgess <!--summary end--></p> https://www.professionaladviser.com/feature/1298787/consumer-protection https://www.professionaladviser.com/feature/1298787/consumer-protection Mon, 1 May 2006 01:00:00 +0000 Time to get tough <p><!--summary start--> The FSA may have helped out small firms during its first year as regulator, but those same firms had better start complying - or face the consequences, Andrew Honey tells Johanna Gornitzki <!--summary end--></p> https://www.professionaladviser.com/interview/1298242/-tough https://www.professionaladviser.com/interview/1298242/-tough Sat, 1 Apr 2006 01:00:00 +0000 Firms should implement MiFID before FSA acts <p><!--summary start--> Financial services firms are being urged to start planning for the implementation of MiFID on the basis of Level 2 documentation already published, rather than wait for finalisation of the FSA's consultation on MiFID implementation expected later this year. <!--summary end--></p> https://www.professionaladviser.com/news/1348031/firms-implement-mifid-fsa-acts https://www.professionaladviser.com/news/1348031/firms-implement-mifid-fsa-acts Thu, 16 Mar 2006 11:30:00 +0000 Intermediaries could be affected by FSA mistake <p><!--summary start--> Thousands of intermediaries and hundreds of insurers may have to rewrite their Terms of Business Agreements (TOBAs) because of a lack of clarity from the Financial Services Authority (FSA) over client money rules, a City law firm has warned. <!--summary end--></p> https://www.professionaladviser.com/news/1340481/intermediaries-affected-fsa-mistake https://www.professionaladviser.com/news/1340481/intermediaries-affected-fsa-mistake Fri, 20 Jan 2006 11:44:00 +0000 FSA anniversary <p><!--summary start--> As the Financial Services Authority (FSA) celebrates its first anniversary as insurance market regulator, Edward Murray analyses the regulations and asks if more tailoring is required <!--summary end--></p> https://www.professionaladviser.com/feature/1300786/fsa-anniversary https://www.professionaladviser.com/feature/1300786/fsa-anniversary Sun, 1 Jan 2006 00:00:00 +0000 Staying on top <p><!--summary start--> Although general insurance (GI) day has been and gone, the work is far from over. Branko Bjelobaba explains why intermediaries must ensure they stay ahead of the game <!--summary end--></p> https://www.professionaladviser.com/feature/1297073/staying https://www.professionaladviser.com/feature/1297073/staying Thu, 1 Sep 2005 01:00:00 +0000