IFA

PII broker PYV has warned depolarisation could unwittingly attract negligence claims for IFAs because of an increased in compliance and risk management requirements.

Distribution Technology's Dynamic Planner tool has been adopted by American Express for rollout to all users of its wrap platform.

American Express is not relaxing its vetting principles for doing deals with IFAs over use of its wrap account, but is widening the list of potential contacts as it moves to add services to the platform.

IFA firm Read Independent Financial Advisers Limited has been fined £150,000 by the Financial Services Authority for what it calls "serious defects in its sales process" and other handling aspects pension unlocking cases.

Nick McBreen, independent financial adviser with Worldwide Financial Planning, looks at the benefits of outsourced multimanager investments and how it affects adviser-client relations.

IFAs attending a meeting event hosted by Origo have expressed concern over the focus of ecommerce development, which they say is bypassing some important issues.

There have already been a handful of comments in response to David Severn's appointment as AIFA and AMI director general.

American Express has added more multimanager offerings on its wrap platform through the inclusion of funds from Insight Investments.

Norwich Union is doubling the IFA commission percentage on its lifetime mortgage business from beginning of next year.

Online IFA network Virtual Net has teamed up with six life providers to launch its ‘School of Excellence' seminar service of new business ideas for its IFA members.