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News

Regulation

FSA censures 'reckless' mortgage broker

The Financial Services Authority (FSA) has publicly censured a mortgage broker who "recklessly" submitted incomplete mortgage applications for himself.

clock 04 December 2012 •

Investing in the profession

Dennis Hall steps down as London IFP chair

Dennis Hall, the director of Yellowtail Financial Planning, is to chair his last meeting of the London Institute of Financial Planning (IFP) group this evening before stepping down from the role.

clock 04 December 2012 •

Tax Planning

Osborne sets aside £77m to tackle 'cowboy' tax advisers

Chancellor George Osborne has given HM Revenue and Customs extra powers to tackle advisers promoting aggressive tax avoidance schemes.

clock 04 December 2012 •

Wrap/platforms

TISA re-reg programme nears launch

The Tax Incentivised Savings Association (TISA) is set to launch its much-anticipated platform-to-platform re-registration programme in the next few weeks, ahead of the Retail Distribution Review (RDR) deadline.

clock 04 December 2012 •

RDR

Third of advisers reviewing platform selection - Aviva

Over one third of advisers are considering changing their platform in the next 12 months according to a report released today.

clock 04 December 2012 •

Economics / Markets

'As bad as a world war': Top BoE exec on banking crisis

The banking crisis has been as damaging to the UK economy as a world war, a top Bank of England (BoE) official has said.

clock 04 December 2012 •

Equities

F&C appoints Wilson as chief executive

F&C Asset Management has appointed the head of its institutional business, Richard Wilson, as its new chief executive.

clock 04 December 2012 •

Pensions

More tax changes could 'destroy' faith in pensions - Punter Southall

Further changes to the tax relief available on pensions - as has been predicted ahead of the Chancellor's Autumn Statement this week - may destroy public faith in saving for retirement, according to financial services consultants Punter Southall.

clock 04 December 2012 •

Regulation

FSCS asked to justify legal action costs

The Association of Professional Financial Advisers (APFA) has called into question the amount of money spent each year by the Financial Services Compensation Scheme (FSCS) on recoveries.

clock 03 December 2012 •

Investment

Experts rubbish reform claim on public sector savings

A group of thirty international pension experts has challenged the Pensions Policy Institute's (PPI's) claim that planned reforms will significantly reduce the gap between public and private sector pensions.

clock 03 December 2012 •
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