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News

Income

Wealth at Work offering retirement service to SAGA members

Wealth at Work is working with SAGA to provide a retirement income service to members.

clock 25 March 2013 •

Your profession

Standard Life promotes Reynolds to top adviser post

Standard Life has named Eddy Reynolds as its head of adviser and investment proposition, in a newly created role.

clock 25 March 2013 •

Regulation

Wheatley: we will not hesitate on product intervention

The Financial Services Authority (FSA) has confirmed its approach to temporary product intervention and said the incoming Financial Conduct Authority (FCA) "will not hesitate" to use its powers.

clock 25 March 2013 •

Your profession

Lighthouse tightens partnership with Foresters

Lighthouse Group has strengthened its relationship with Foresters Friendly Society meaning that the society's full product suite will now be made available to Lighthouse advisers.

clock 25 March 2013 •

RDR

FCA may 'tighten' RDR rules before 2014 review

The incoming Financial Conduct Authority (FCA) may change rules introduced following the Retail Distribution Review (RDR) sooner than planned if it identifies widespread non-compliance or any harmful unintended consequences.

clock 25 March 2013 •

Regulation

Regulator to review fund charges which 'harm' consumers

The new-look regulator is to carry out a review of the charges on UK retail funds as it is concerned they may be detrimental to consumers.

clock 25 March 2013 •

Investment

HMRC rules rebates to consumers are taxable

HM Revenue & Customs (HMRC) has ruled it will tax rebates paid to consumers.

clock 25 March 2013 •

Regulation

Staff costs dominate FCA's £430m budget for 2013/14

The total amount required to fund the incoming Financial Conduct Authority's (FCA's) budgeted costs for 2013/14 has been estimated at £432.1m.

clock 25 March 2013 •

Offshore Investment

Implications of Guernsey's agreements with UK and US explained

Law firm Carey Olsen has published an explanatory brief on the implications of the draft intergovernmental agreement (IGA) Guernsey is in the process of finalising with the UK covering a tax package of three initiatives.

clock 25 March 2013 •

Economics / Markets

Wealthy Cypriots hit as €10bn bailout deal struck

Cyprus has agreed a €10bn bailout deal that will force large losses on some big deposit holders but avoids a controversial levy on all bank accounts.

clock 25 March 2013 •
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