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News

Equity release

Govt should set up 'equity release scheme' for poorer retirees

A think tank has called on the government to buy parts of people's homes and deliver a guaranteed lifetime income in return, in a bid to bolster retirement income for low earners.

clock 12 June 2014 •

Regulation

Osborne: Traders who rig markets will face jail

The Chancellor is set to announce plans to clamp down on traders who manipulate markets, while establishing a review of how these markets operate.

clock 12 June 2014 •

Software

Prestwood to enhance software after cloud move pays off

Cash-flow modelling firm Prestwood Software is planning to make a number of enhancements to its cloud-based adviser solution, which launched earlier this year.

clock 12 June 2014 •

Your profession

PFS and TISA to launch client ownership principles

The Personal Finance Society (PFS) and Tax Incentivised Savings Association (TISA) are consulting on a protocol designed to provide clarity surrounding the treatment of client relationships between a firm and individual advisers.

clock 12 June 2014 •

Pensions

Webb: Guidance guarantee will fuel appetite for the vintage wine of independent advice

The guidance guarantee will fuel demand for independent advice and will be a "huge opportunity" for advisers, pensions minister Steve Webb has said.

clock 11 June 2014 • 4 min read

Investment

Invesco Perpetual's Read clashes with Woodford over UK rate rise

Invesco Perpetual's co-head of fixed interest Paul Read has said he expects the UK's base rate to rise in the first quarter of next year, in contrast to the forecast of his former colleague Neil Woodford.

clock 11 June 2014 •

RDR

Wheatley: 2014 could be defining moment for automated advice

Financial Conduct Authority (FCA) chief executive Martin Wheatley has once again thrown his weight behind the idea of computerised advice, as he predicted a financial services future shaped by software developers, computer programmers and economists....

clock 11 June 2014 •

Tax Planning

Baker Tilly under investigation for unethical conduct

Auditors Baker Tilly are under investigation by the Financial Reporting Council (FRC) following allegations of unethical conduct.

clock 11 June 2014 • 1 min read

Pensions

Billy Burrows joins Key Retirement Solutions as associate director

Pensions industry stalwart Billy Burrows has joined annuity broker Key Retirement Solutions as associate director.

clock 11 June 2014 •

Pensions

Minister repeats call for pension tax overhaul

Steve Webb has repeated his call to scrap the lifetime allowance on pension saving and introduce a flat-rate tax relief of 30% on contributions.

clock 11 June 2014 •
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