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News

RDR

Third of advisers still not RDR-ready, says Aviva

A third of advisers are still not qualified for the Retail Distribution Review (RDR), which comes into force in eight weeks, according to Aviva.

clock 06 November 2012 •

Regulation

FCA chairman: I want to speak to the regulated

The chairman designate of the incoming Financial Conduct Authority (FCA) has said talking to regulated businesses will be a key part of his role at the regulator, and sales incentives are at the top of his agenda.

clock 06 November 2012 •

Pensions

Symponia to launch four sister companies

Symponia, a membership body which provides information around managing care fees, is to launch four sister companies offering a wider range of services.

clock 06 November 2012 •

Investment

Govt considers lifting NEST restrictions

Restrictions on the National Employment Savings Trust (NEST) could be lifted after the government issued a call for evidence on the impact of the constraints.

clock 06 November 2012 •

Wrap/platforms

Pat Shea appointed FundsNetwork head

Fidelity has appointed head of platform operations Pat Shea to run its FundsNetwork platform.

clock 06 November 2012 •

RDR

Just Retirement confirms G-day and RDR timeline

Just Retirement has confirmed its schedule for accepting new business ahead of the Retail Distribution Review (RDR) and forthcoming gender neutrality.

clock 06 November 2012 •

Your profession

Top UK firm boss' pay stalls - yet income still rises

The average income of senior executives across the UK's largest companies made an average of £4m each in the 12 months to June, research suggests.

clock 06 November 2012 •

Wrap/platforms

Morningstar adds auto-import function from Cofunds

Advisers using Morningstar Adviser Workstation will today be able to auto-import client data from the Cofunds platform.

clock 06 November 2012 •

Regulation

IFA ordered to redress client in Stirling Mortimer ruling

An adviser who recommended a client invest most of his pension savings in an offshore property fund has been told to purchase his client's investments and compensate him following a ruling by the Financial Ombudsman Service (FOS).

clock 06 November 2012 •

Wrap/platforms

Ascentric reports 'dampened growth' due to RDR pressures

Assets on Royal London's wrap platform Ascentric grew 42% to £4.7bn in the nine months to 30 September, with new inflows dropping 18% to £856m, according to latest figures.

clock 06 November 2012 •
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