What made financial headlines over the weekend?
The Treasury is warming to the idea of developing 'simple' products which advisers would then be required to use as benchmarks for their recommendations.
Nationals round-up: ‘Greedy' IFAs, incredible stakeholder pension returns and plenty of love for index-linked savings certificates...
Advisers are being urged to keep charging structures on corporate pension schemes simple so employers and members can understand them.
Strathclyde Pension Fund has been ordered to pay compensation to a scheme member after failing to provide a correct pension projection.
The FSA may extend to other retail markets the practice of requiring advisers to justify recommending a product with higher charges compared to a more basic vehicle.
HSBC today launches Workplace Retirement Services (WRS) for corporate IFAs and employee benefits consultants to offer defined contribution (DC) pension products and services.
A fifth of intermediaries in the group pensions market believe they will have fewer customers and earn less because of the RDR, according to a study from ORC International.
The RDR poses a threat to the stream of communication between IFAs, small business owners and their employees on pension schemes, an employee benefits consultant warns.
Consumer demand for advice on pensions and investments is up as people reassess their finances in the hope of an economic recovery, research by Unbiased.co.uk suggests.