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News

Investment

PosSol on recruitment drive in 2013

Aegon-owned Positive Solutions has said it will be ramping up its recruitment drive in 2013 for both its national IFA and network.

clock 13 February 2013 •

Structured Products

What difference has RDR made to structures?

Nev Godley, vice president at Morgan Stanley, discusses the future for structured products in a post-RDR world.

clock 13 February 2013 •

Pensions

TPR investigating 21 pensions liberation cases

The Pensions Regulator (TPR) is investigating 21 pensions liberation cases, after the amount of money transferred through the scams doubled to £400m last year.

clock 13 February 2013 •

Economics / Markets

King: higher inflation is 'hand we have to play'

The Bank of England's Monetary Policy Committee will tolerate missing the inflation target for the next two years in order to support the UK recovery, said Bank governor Mervyn King.

clock 13 February 2013 •

Investment

Santander closes advice service to new business

Santander is closing its advice service to new business in light of changes brought on by the Retail Distribution Review (RDR).

clock 13 February 2013 •

Managed solutions

RWC adds DFM share class to Convertible Bond fund

RWC is adding a distribution share class to its Global Convertibles fund in response to demand from UK discretionary fund managers (DFMs).

clock 13 February 2013 •

Investment

Santander probed over investment advice failures - reports

Santander's British arm is being investigated by the Financial Services Authority (FSA) for possible breaches in the quality of its investment advice, industry sources told Reuters.

clock 13 February 2013 •

Regulation

FSA finds product lapse rates lower among IFAs

Consumers are less likely to surrender on some life and pensions products if they were sold to them by an IFA, data collected by the Financial Services Authority (FSA) suggests.

clock 13 February 2013 •

Investment

Altmann steps down from Saga top job

Ros Altmann is to step down from her post as director-general of Saga.

clock 13 February 2013 •

Regulation

FSA uncovers poor bank investment advice after mystery shop

The Financial Services Authority (FSA) has uncovered evidence of incompetency among investment advisers at a number of banks and building societies - resulting in unsuitable advice in some cases - following a mystery-shopping exercise.

clock 13 February 2013 •
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