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News

Regulation

Treasury forced FSA's hand on industry funding of MAS

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.

clock 20 June 2012 •

Your profession

Poll: 'Confidence and positive attitude' most important attribute for IFAs

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.

clock 20 June 2012 •

Regulation

TPR adopts hard line on 'wilful' non-compliance

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

clock 20 June 2012 •

Regulation

Three jailed in transatlantic insider dealing case

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

clock 20 June 2012 •

Investment

Dance more, rap more, smile more: What consumers told NEST they are saving for

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

clock 20 June 2012 •

Your profession

TISA to attempt industry consensus on adviser contracts

The Tax Incentivised Savings Association (TISA) has confirmed plans to draft an industry protocol on the use of restrictive covenants in adviser contracts.

clock 20 June 2012 •

Investment

Euro crisis drives investors to Money Market funds

UK Money Market funds swung back in favour in May as investors looked to shelter money amid the ongoing eurozone debt crisis, according to figures from FundsNetwork.

clock 20 June 2012 •

Service

Insurers revamp capital sums to prepare for SII

More than half of insurers are preparing to change the way they calculate regulatory capital as Solvency II approaches, Deloitte has said.

clock 20 June 2012 •

Economics / Markets

MPC overrules King to hold QE at £325bn

The Bank of England's Monetary Policy Committee (MPC) voted five to four to maintain quantitative easing (QE) at £325bn this month, overruling the governor and three colleagues who called for further expansion.

clock 20 June 2012 •

Service

PruProtect offers 30% free life cover and reprices IP

PruProtect will be offering 30% free life cover free for new Serious Illness Cover plan policyholders and has re-priced its income protection product.

clock 20 June 2012 •
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