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News

Regulation

AIFA and ABI to host regulation roundtable

The Association of Independent Financial Advisers (AIFA) and the Association of British Insurers (ABI) is to co-host a roundtable event looking at how upcoming regulatory changes will affect IFAs.

clock 17 May 2012 •

Europe

Greece euro exit unlikely despite dire reports, fund manager says

Greece will stay in the euro despite on-going political instability as the potential economic fallout from its exit would significantly hit global markets, a fund manager has said.

clock 17 May 2012 •

Investment

Insurers deny terms to schemes expanded for AE

Insurers have started to turn down employers who want to expand existing schemes for auto-enrolment, consultants have claimed.

clock 17 May 2012 •

Investment

Former Close execs team up to launch TIME Investments

Former Close Asset Management executives have launched a property and tax planning investment management business called TIME Investments.

clock 17 May 2012 •

Tax Planning

RSM Tenon pulls tax products after Budget move

Accountants and advisers RSM Tenon said it will not offer any new tax efficient products through its Specialist Tax Service following the government's anti-avoidance crackdown in the most recent Budget.

clock 17 May 2012 •

Individual Protection

Life companies now just 'admin machines', says E&Y's Kerr

A number of large insurers face being killed off by the onset of the Retail Distribution Review (RDR) as they are "running out of proposition", a director at Ernst & Young has said.

clock 17 May 2012 •

Regulation

MoJ to meet adviser over claims manager concerns

The Ministry of Justice (MoJ) is meeting an IFA to hear his concerns over claims management companies (CMC) after he said they were unfairly targeting adviser firms.

clock 17 May 2012 •

RDR

IFS develops 'SPS' for non-regulated advisers

The Institute of Financial Services has launched a Certificate of Professional Achievement (CPA) aimed at people in supervisory, training, planning or support functions who want to demonstrate their professionalism and commitment to financial services....

clock 17 May 2012 •

Wrap/platforms

Structured product wrap readies for launch

Meteor Asset Management is launching a structured product platform for financial advisers.

clock 17 May 2012 •

Mortgages

Mortgage rates to rise as Euro crisis hits UK

Homeowners will be hit by fresh increases in mortgage rates as the storm in the eurozone hammers Britain's financial system.

clock 17 May 2012 •
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