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News

Investment

Poor SERPs advice tops complaints firm's list

Advice to opt out of state earnings-related pension schemes (SERPs) tops the list of complaints at claims management firm Open Resolution.

clock 25 January 2013 •

Mortgages

ING Direct to stop accepting new mortgage business from Feb 28

ING Direct is to stop accepting new mortgage applications from Thursday 28 February as part of its takeover by Barclays.

clock 25 January 2013 •

Income

Solvency II next steps will have 'huge implications' for annuitants

Solvency II could have ‘huge implications' for annuity customers with rates likely to fall by up to 20% if insurers are forced to hold greater reserves, Deloitte warns.

clock 25 January 2013 •

RDR

FSA answers IFAs' top RDR questions

The Financial Services Authority (FSA) has answered 22 of advisers' key questions about the ongoing implementation and supervision of the Retail Distribution Review (RDR).

clock 25 January 2013 •

RDR

Workplace saving could grow following RDR

A third of employees would be willing to pay for an in-house financial adviser provided by their employer, according to Deloitte.

clock 25 January 2013 •

Wrap/platforms

Cofunds launches one-stop shop portal

Technology company Sammedia is to power Cofunds's service for advisers looking to offer clients self-directed services.

clock 25 January 2013 •

Pensions

SIPP provider Dentons reveals investments it won't touch

Self-invested personal pension (SIPP) provider Dentons has revealed some of the investments it has turned down in the last 12 months.

clock 25 January 2013 •

Economics / Markets

Charles Stanley's FUM jumps to record £16bn

Wealth manager Charles Stanley has reported a 4.6% jump in client funds under management, with a significant boost coming from discretionary managed funds.

clock 25 January 2013 •

Economics / Markets

UK at risk of 'triple dip' as GDP falls 0.3% in Q4

UK GDP contracted 0.3% in the final quarter of 2012, a worse than expected figure that raises the spectre of a triple-dip recession.

clock 25 January 2013 •

Regulation

FSA fines and bans three for market abuses

The Financial Services Authority (FSA) has today published final notices fining and banning three individuals for engaging in market abuse.

clock 25 January 2013 •
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