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News

Your profession

AFH acquires Cheltenham IFA in £725k deal

Discretionary wealth manager and independent advisory group AFH has acquired Cheltenham-based IFA Specialist Solutions in a deal worth up to £725,000.

clock 26 June 2012 •

Your profession

Lighthouse Group to launch D2C service

Lighthouse Group intends to launch a Direct to Consumer simplified advice service in a bid to capture a section of the mass market that is unable or unwilling to pay for financial advice.

clock 25 June 2012 •

Your profession

AWD Chase De Vere partners with Welsh accountancy firm

AWD Chase De Vere has partnered with Welsh accountancy firm ktsowensthomas (KTS) following a tender process.

clock 25 June 2012 •

Economics / Markets

European stocks slide ahead of EU summit

European equities lost ground in afternoon trading ahead of a crucial EU summit, as Spain officially asked its eurozone neighbours for a bailout.

clock 25 June 2012 •

Pensions

Altmann: MPs should have DC pensions

MPs should ditch their gold-plated pension arrangements and move to a defined contribution (DC) scheme, Saga director-general Ros Altmann says.

clock 25 June 2012 •

Regulation

AIFA raids FSCS for senior policy adviser

The Association of Independent Financial Advisers (AIFA) has appointed Clare Griffiths from the Financial Services Compensation Scheme as its new senior policy adviser.

clock 25 June 2012 •

Income

Warning OMO failure costs pensioners £124m extra per year

Failure to shop around for an annuity is costing pensioners £124m per year, Key Retirement Solutions claims.

clock 25 June 2012 •

Investment

Most advisers looking to outsource - research

The majority of advisers favour outsourcing investment management to a discretionary fund manager (DFM), research suggests.

clock 25 June 2012 •

Income

Advisers forced to find drawdown alternatives

Nine out of ten advisers report clients using income drawdown are worried about their income potentially falling by as much as 55%, a poll has found.

clock 25 June 2012 •

Offshore Investment

Offshore trusts subject to change

The government's attack on the use of offshore vehicles is set to continue following the release of a consultation paper on published by the HM Treasury on 31 May 2012.

clock 25 June 2012 •
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