The pick of this week's articles on IFAonline...
Errors made by Santander in the sales of structured products came back to haunt the bank this week when it was fined £1.5m by the FSA.
It's your fault, apparently
The FSA thinks it knows why there is such low consumer confidence in the financial services, with its head of enforcement saying the industry has "no-one but itself to blame".
Small pension pots
Would you trust the government with building regulated advice into a proposed system to aggregate small pension pots? Looks like it could be on the cards.
Cash point pensions
How about this for an idea: allow consumers to contribute to their pensions via cash machines.
LTC and independence
One day, every single aspect of RDR will be crystal clear. Until then, problems will keep arising, like this question about whether advisers will need extra qualifications on long term care insurance to remain independent.
Annuity adviser charging
Life settlements funds
The FSA recently branded life settlements funds as ‘toxic' so it was intriguing to see how one such fund has generated nearly £40m in revenues in the last two months.
Most providers are at least exploring this path, so there was plenty of interest when Axa Wealth revealed details about its upcoming execution-only wrap.
'People miscalculate how much they need'
Information request by AJ Bell
Could lose 97% of investment
'Document your conversations'