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News

Investing in the profession

Adviser criticises 'endless' list of 'unnecessary' qualifications

The seemingly "endless" list of industry qualifications such as the ISO22222 and the BS8577 are becoming a "cash cow" and are "unnecessary", says one adviser.

clock 24 October 2012 •

Investment

IFAs warned of consumer aversion to hourly rate charging

More than six in ten investors would stop using their independent financial adviser (IFA) if they were to begin charging on an hourly rate, research has suggested.

clock 24 October 2012 •

Pensions

FSA ready to pounce on underperforming SIPP outfits - provider

Parts of the self-invested personal pension (SIPP) industry would have been left "dented and bruised" by yesterday's Financial Services Authority damning thematic review, Suffolk Life has said.

clock 24 October 2012 •

Investment

Quilter and Cheviot AM in 'exclusive' merger talks

Quilter & Co and Cheviot Asset Management are in talks to combine their businesses via a private-equity facilitated merger.

clock 24 October 2012 •

Wrap/platforms

IFDS in talks to run full Cofunds platform

The technology firm behind the Cofunds platform is in talks to run a full platform service for the company, IFAonline understands.

clock 24 October 2012 •

Pensions

SIPP providers warned on UCIS and financial crime risk

Self-invested personal pension (SIPP) providers involved in unregulated collective investment schemes (UCIS) have again been warned about their suitability by the Financial Services Authority (FSA).

clock 24 October 2012 •

Regulation

Webb warns 'money safe' pensions may not be portable

Pension pots with proposed 'money safe' guarantees may not be transferred automatically with a worker when they move jobs, a minister has warned.

clock 24 October 2012 •

Regulation

FSA slaps mortgage broker with prohibition order

The Financial Services Authority (FSA) has prohibited mortgage adviser Anthony Gott from performing any regulated activity carried on by an authorised person, due to his "lack of honesty and integrity."

clock 23 October 2012 •

Economics / Markets

David McCorkell retires from Brewin Dolphin

Brewin Dolphin has announced that David McCorkell, head of investment management, is to retire from the company.

clock 23 October 2012 •

Investment

RP Poll: SIPP operator failings

In this week's quick fire poll we ask: Should FSA name and shame SIPP providers who fail regulatory requirements?

clock 23 October 2012 •
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