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News

RDR

RDR to create five million advice 'orphans' - Deloitte

Five-and-a-half million people will opt out of receiving advice as a result of the Retail Distribution Review (RDR), presenting a "major" opportunity for providers to step in to service them, according to a report by Deloitte.

clock 07 November 2012 •

Investing in the profession

IFA Centre launches member directory for consumers

Adviser membership body, the IFA Centre, has launched a directory of its members which aims to help consumers find independent financial advisers across the UK.

clock 07 November 2012 •

Investment

Prudential fined for 'farcical' merging of customer accounts

The Information Commissioner's Office (ICO) has fined Prudential £50,000 for a "farcical" mix-up where two clients with identical names had their accounts merged.

clock 07 November 2012 •

Pensions

RP Poll: Pension projection rates

Will the lower projection rates introduced by the FSA deter people from saving into personal pensions?

clock 06 November 2012 •

Investment

Three things we learned this week

Retirement Planner's round-up of the top pension stories this week.

clock 06 November 2012 •

Investment

Webb: NEST restrictions do limit employer choice

Restrictions on the National Employment Savings Trust (NEST) could leave medium-sized employers with only one provider to choose from for auto-enrolment, the pensions minister has said.

clock 06 November 2012 •

Regulation

New regulators to deal with complaints in FSA model

The Financial Conduct Authority (FCA), the Prudential Regulatory Authority (PRA) and the Bank of England (BoE) plan to deal with complaints in the 'twin peaks model' in largely the same way as under the current Financial Services Authority's (FSA) process....

clock 06 November 2012 •

Protection

FSA: advisers responsible for medical underwriting

With the Consumer Insurance Act coming into force in March 2013, advisers should ensure their medical assessment approach is compliant and defensible, Morgan Ash has warned.

clock 06 November 2012 •

Regulation

FSA bans jailed adviser after £150k fraud

A former adviser who was jailed for two years for stealing £150,000 from his grandmother has been banned by the Financial Services Authority (FSA).

clock 06 November 2012 •

Wrap/platforms

Hermes launches on UK platform for first time

Fund manager Hermes is to launch its UCITS range on a UK platform for the first time.

clock 06 November 2012 •
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