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News

Investment

Low pension confidence stops people saving

The majority of people who have not started saving for a pension blame lack of confidence, rather than unwillingness to save as the reason for delaying, research has found.

clock 19 June 2012 •

Income

Segars calls for 'auto-decumulation'

The industry must automate the decumulation phase of defined contribution schemes, National Association of Pension Funds chief executive Joanne Segars says.

clock 18 June 2012 •

Investment

Serious Fraud Office drops Tchenguiz probe

The Serious Fraud Office (SFO) has dropped its probe into property tycoon Vincent Tchenguiz, following an investigation which was branded "incompetent" by a High Court judge.

clock 18 June 2012 •

Wrap/platforms

Advisers look at fund choice when selecting a platform - research

Fund and tax wrapper choice is the prime factor advisers consider when selecting a platform, research suggests.

clock 18 June 2012 •

uncategorised

PICA renews calls for trust-based member OMO cover

The Pension Income Choice Association (PICA) is continuing to lobby for trust-based members to be covered by the open market option (OMO) as standard.

clock 18 June 2012 •

uncategorised

A third of SME bosses would use IFAs to discuss business funding

More than a quarter of SME owners would use independent financial advisers to discuss business funding, but most remain unaware they could source finance directly through their pension funds.

clock 18 June 2012 •

Your profession

Intrepid trio take on £1m North Pole charity trek

Three brave finance professionals are preparing to undertake a gruelling walk to the North Pole, with the aim of raising £1m for worthy causes.

clock 18 June 2012 •

Investment

CAERUS appoints Parmenion as investment partner

Parmenion has been selected as the sole provider of investment infrastructure for CAERUS Portfolio Management Limited (CPML), the fund management arm of CAERUS Capital Group.

clock 18 June 2012 •

ETFs

Advisers don't understand ETFS - research

The majority of advisers do not understand the structure of exchange traded funds (ETFs), research suggests.

clock 18 June 2012 •

Mortgages

FSA bans broker for inappropriately recommending interest-only mortgages

The Financial Services Authority (FSA) has publicly censured Principal Mortgage Services Limited (PMSL), a mortgage broker based in Worcester, for failing to give suitable advice on interest-only mortgages.

clock 18 June 2012 •
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