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News

Income

The Annuity Bureau launches 24 hour annuity quote service

The Annuity Bureau has launched an online tool to give retirees quick access to the best annuity quotes.

clock 11 September 2012 •

Equities

Ecclesiastical unveils RDR-ready share classes

Ecclesiastical is launching Retail Distribution Review (RDR)-ready institutional share classes across its range of six funds.

clock 11 September 2012 •

Investment

DWP to align AE limits with personal tax brackets

The Department for Work and Pensions (DWP) has proposed to bring the auto-enrolment earnings thresholds into line with the personal tax limits for 2013/14.

clock 11 September 2012 •

Economics / Markets

Sense: restricted advice firms will pay just as much for PII

Professional indemnity (PI) insurance will not be cheaper for restricted advisers, despite some companies "peddling" this message to the industry, according to Sense commercial director Steve Young.

clock 11 September 2012 •

Pensions

People choose 'family over advisers' for pensions advice

People are increasingly turning to friends and family rather than advisers for pensions advice, according to research released today.

clock 11 September 2012 •

Wrap/platforms

David White exits Fidelity FundsNetwork

Head of FundsNework David White is to leave Fidelity after ten years with the company.

clock 11 September 2012 •

Investment

FSA fines BlackRock £9.5m for client money breaches

The Financial Services Authority (FSA) has fined BlackRock Investment Management (UK) Limited (BIM) £9.5m for client money breaches.

clock 11 September 2012 •

Your profession

Sesame most complained about IFA business

Network Sesame has topped the Financial Ombudsman Service (FOS) complaints table for IFA businesses, with 138 complaints in the first half of this year, compared to 140 in H2 2011.

clock 11 September 2012 •

Regulation

Tory MP: NEST restrictions must go

The government should "stand up for low-income savers" and lift the restrictions on the National Employment Savings Trust (NEST), a Conservative MP has said.

clock 11 September 2012 •

Investment

Investment manager slams 'ludicrous' IMA charge figures

The founder of a campaign for more transparent fund charges has called Investment Management Association (IMA) figures showing average fees to be about 0.3% as "misleading claptrap".

clock 11 September 2012 •
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