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News

Regulation

Arch's Farrell disappointed by 'regrettable' Tribunal ruling

Arch Financial Products (AFP) chief executive Robin Farrell and former compliance officer Robert Addison have said they are "disappointed" with an Upper Tribunal decision to uphold a regulatory ban and fine against them, but felt "vindicated" by parts...

clock 21 January 2015 •

Tax Planning

Inflation prompts MPC hawks to abandon rate rise push

Members of the Bank of England's Monetary Policy Committee (MPC) voted unanimously to keep interest rates on hold in January, the committee's latest minutes reveal, knocking expectations of a rise this year.

clock 21 January 2015 •

Investment

Architas and BirthStar launch AE-style funds for retail investors

Architas and technology firm BirthStar have launched seven retail funds that follow an age-based strategy more commonly associated with default auto-enrolment (AE) pension funds.

clock 21 January 2015 •

Multi-manager

Advisers risking FCA wrath over 'impossible' DFM cost comparisons - report

Advisers are being exposed to accusations of negligent advice by the regulator because comparing charges for the most common outsourced investment options - multi-manager (MM) and discretionary fund managers (DFMs) - is "impossible", according to a damning...

clock 21 January 2015 •

Regulation

'Impartial' fund ratings service launches in UK

South-African firm Fundhouse has launched a fund ratings service for UK financial advisers, offering what it says are wholly unbiased and impartial comments on well-known funds.

clock 21 January 2015 •

Distributors

Lighthouse launches mortgage and protection advice service

National advice firm Lighthouse Group has launched a "holistic" mortgage and protection advice service in response to demand from clients.

clock 21 January 2015 •

Pensions

Citizens Advice names 44 branches to deliver guidance guarantee

Citizens Advice has revealed the location of the first 44 centres that will deliver face to face guidance to retirees under the Pension Wise scheme.

clock 20 January 2015 •

RDR

Simplified advice could include 'limited' return to commission

Simplified advice could include an element of commission on a limited range of products to ensure people can actually afford to see a financial planner, Sheriar Bradbury has said.

clock 20 January 2015 •

Regulation

Pension advisers' FSCS levy soars by 73%

Pension advisers face a massive increase in the amount they pay to the Financial Services Compensation Scheme (FSCS) as the service prepares for a "significant" rise in claims linked to self-invested personal pension (SIPP) advice.

clock 20 January 2015 •

Regulation

Arch's Farrell and Addison lose FCA tribunal case

Arch Financial Products (AFP) directors Robin Farrell and Robert Addison have lost their case appealing a regulatory fine and ban against them for their role in managing the failed Arch Cru funds.

clock 20 January 2015 •
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