News

LIFE PLANNING

The Ministry of Justice is to take action against unscrupulous claims management companies (CMCs) who target IFA firms, following a meeting between the regulator and support service PanaceaIFA.

Lord Turner, the chairman of the Financial Services Authority (FSA), has admitted the £350,000 remuneration package offered to Money Advice Service (MAS) chief executive Tony Hobman was "a bit too high".

An MP has branded the Money Advice Service (MAS) as a 'playground bully' for its disruptive influence on the industry and the delivery of debt advice.

Banks should use the row over the sail of complex financial instruments to small businesses to overhaul their customer relationships and link pay to customer service, according to Hector Sants.

The Financial Services Authority (FSA) has admitted it had concerns about the way in which the industry was being asked to fund the Money Advice Service (MAS), although is hand was forced by the Treasury.

Advisers consider confidence and positive attitude to be the top characteristic of the most successful financial advisers in the industry, according to a poll posted yesterday.

The Pensions Regulator (TPR) will aim to prosecute companies that wilfully evade their auto-enrolment duties.

Three people have been handed custodial sentences after pleading guilty to charges of insider dealing.

The National Employment Savings Trust has taken its campaign to make saving popular to the streets of London and Manchester.