News
Income
AJ Bell is stepping up its income drawdown lobbying activities by urging clients and advisers to write to their MP.
10 September 2012
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RDR
The Financial Services Authority (FSA) has underlined the importance of advisory firms carrying our cost comparisons when undertaking replacement business.
10 September 2012
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Pensions
The government has responded to union threats of a general strike by refusing any further negotiation of public sector pension and pay reform.
10 September 2012
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Pensions
A pensions specialist is challenging calls from a Conservative councillor to lifts restrictions on residential property investment in SIPPs, stating some issues must be "carefully thrashed out" first.
10 September 2012
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Equity release
LV= is reducing its equity release rates and will no longer charge a higher rate of interest on loans over £600,000 from today.
10 September 2012
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Wrap/platforms
Online wrap Nucleus has hired Stuart Geard, one of the group's non-executive directors and currently finance director at Sanlam UK, as its managing director.
10 September 2012
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Regulation
The Financial Ombudsman Service (FOS) is in the market for "exceptional people" to become senior Ombudsmen, on salaries of more than £85,000 plus benefits.
10 September 2012
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Equities
GLG has unveiled Retail Distribution Review (RDR)-ready unbundled share classes across its UK-domiciled range.
10 September 2012
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Regulation
Financial service start-ups are facing record wait times for Financial Services Authority (FSA) approval, with the average wait now reaching 22.9 weeks, 9% higher than the previous peak of 21 weeks in Q2 2010.
10 September 2012
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