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News

Economics / Markets

Cardy: Mifid means IFAs still need separate trade body

Europe's Markets in Financial Instruments directive (Mifid II) distinguishes between independent and restricted advice, meaning a separate trade body for IFAs is still necessary, according to the founder of the IFACentre.

clock 07 February 2013 •

Wrap/platforms

Novia poaches another from Zurich sales team

Novia has appointed its second sales manager recruited from insurer Zurich.

clock 07 February 2013 •

Wrap/platforms

Lighthouse picks Elevate for restricted advice arm

Lighthouse will use Elevate as one of the core components of its restricted advice offering.

clock 07 February 2013 •

Economics / Markets

BoE: expect two more years of above-target inflation

The Bank of England's Monetary Policy Committee (MPC) has said inflation may remain above the 2% target for the next two years, in part due to sterling weakness.

clock 07 February 2013 •

Regulation

Ex-Honister IFA charged with £730k tax evasion

An ex-Honister financial adviser charged with evading tax estimated at £730,000 is to appear at Worcester Crown Court next week.

clock 07 February 2013 •

Regulation

Panacea: action must be taken on the FSCS levy

Panacea Adviser, a free online community for adviser firms, is calling for immediate action to overhaul the way in which the Financial Services Compensation Scheme (FSCS) is funded following yesterday's announcement of a £76m levy on investment intermediaries....

clock 07 February 2013 •

Economics / Markets

Sense rolls out adviser forums and CII tools for members

Sense Network has added adviser forums and access to Chartered Insurance Institute (CII) tools as part of a "significant investment" in services for its members, according to the company.

clock 07 February 2013 •

Investment

Unbiased awards: all the winnners (and runners up)

Unbiased.co.uk, the professional advice website, has announced the winners of its ninth annual Media Adviser Awards, sponsored by Standard Life. Here is the list of those who won and the runners up.

clock 07 February 2013 •

Regulation

UK must move away from 'Soviet Union-style' regulation

The UK has spent too long developing layers of ineffective and frustrating regulation in its financial services sector, according to economist John Kay.

clock 07 February 2013 •

Investment

FSA 'could not handle pensions' in remit

The Financial Services Authority (FSA) and its successor bodies may not be able to prioritise pensions standards if regulation were moved to a single body, a top regulator has said.

clock 07 February 2013 •
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