Here are our picks of the stories your clients may have read in the weekend newspapers…
A number of wealth managers have warned the FT clients are being encouraged to shift their pensions into qualifying recognised overseas pensions (QROPS) - despite having no intention of leaving the UK.
Banks offering ‘packaged accounts' will be forced to send statements to clients telling them whether they are actually eligible for the perks included, the Telegraph reports. The Financial Services Authority (FSA) is concerned may are paying for insurance products they are unable to use.
Star fund managers
The Independent on Sunday considers a question asked by advisers and clients alike: whether to be loyal to the fund, or the manager, when a star name leaves a fund house. The paper suggests adopting a "wait and see approach" before cashing out.
Five things clients will call you about this week
The regulator replacing the FSA is to bring debt collection agencies under their control, according to the Mail on Sunday. It raises the possibility that claims management companies, currently under the control of the Ministry of Justice, will also be included.
Clients with second homes are facing a drastic rise in council tax bills, the FT reports. Around a quarter of a million properties have been eligible for a lower rate because they are classed as second homes, with discounts of between 10% to 50%.
Has been cold-calling consumers
New shares admitted to London Stock Exchange
Slow and steady growth
Missed funding target by £240,000
Denies any wrongdoing