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News

Investment

IFA outraged at 'irresponsible' FSCS Keydata list error

A Poole-based IFA has expressed anger at lawyers for the FSCS for apparently mistakenly including the name of his firm on a list of businesses the scheme may pursue for money it paid out to Keydata investors.

clock 25 November 2011 •

Regulation

FSA: Banks must end 'free banking' myth

Banks must stop cross-subsidising products to claim some of them are free, a Financial Services Authority (FSA) director has said.

clock 25 November 2011 •

PMI

BMI Healthcare defends letter to Bupa patients

BMI Healthcare has defended its letter to Bupa patients about the dispute between the two organisations over use of private hospitals.

clock 25 November 2011 •

Income Protection

Increased scrutiny of ESA decisions needed

Better communication throughout the Employment Support Allowance (ESA) system and an audit of decision makers' rulings have been recommended by an independent review.

clock 25 November 2011 •

Employee Benefits

Govt to water down auto-enrolment in Autumn Statement

Chancellor George Osborne will delay auto-enrolment for small businesses as part of his strategy for growth, reports have claimed.

clock 25 November 2011 •

Long Term Care

State benefit shake-up needed for long-term care solutions

Equity release could play a bigger role in funding long term care "if we had more certainty around state benefits" says director general of SHIP, Andrea Rozario.

clock 25 November 2011 •

Adviser / Broking

People choosing family over IFAs for financial advice

Parents and partners, not professionals, are increasingly the first point of call for financial advice, according to new research.

clock 25 November 2011 •

Investment

Revealed: The full list of Keydata advisers facing FSCS legal action

Lawyers hired by the FSCS to pursue claims against IFAs who recommended Keydata yesterday sent out letters with the names and addresses of every firm it is chasing. IFAonline can now exclusively reveal the full list.

clock 25 November 2011 •

Offshore Investment

NatWest International's latest structured product launch

The Market Range Deposit is a four year capital protected product designed to provide returns linked to the UK stock market. It offers the opportunity to receive an annual Return based on the number of business days that the FTSE 100 Index closes within...

clock 25 November 2011 •

Offshore Investment

Taxman hunts online for holiday home owners

Britons owning properties overseas are urged to inform HMRC if no disclosure has been made already. Tax specialist Peter Howarth is warning advisers to notify their foreign property owning clients of a new investigation team established by HMRC to track...

clock 25 November 2011 •
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