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News

Investment

Cost most important factor in passive selections - research

Cost and provider reputation are the most important factors for advisers choosing a passive investment provider, research suggests.

clock 29 February 2012 •

Your profession

Private investigator sold tax data to insurers and brokers

A private investigator who allegedly fed information to the News of the World (NoW) has been jailed for separate charges of ‘blagging' sensitive information from government sources and selling it to insurers.

clock 28 February 2012 •

Regulation

FSCS: Arch Cru claims 'may exist' against failed IFAs

The Financial Services Compensation Scheme (FSCS) has informed Arch Cru investors that eligible claims for compensation "may exist" against some failed independent financial advisers (IFA).

clock 28 February 2012 •

Regulation

Sesame: Claims companies to blame for complaints rise

Sesame has blamed claims management companies (CMCs) for a near-100% rise in the number of complaints against it being referred to the Financial Ombudsman Service (FOS).

clock 28 February 2012 •

Individual Protection

'Bullish' PruProtect plans more new products

PruProtect has said it is "bullish" about the future for the protection market and that it is aiming to be a major player in the UK market.

clock 28 February 2012 •

uncategorised

NAPF: Priced out pensioners to retire abroad

Half of pre-retirees (46%) would consider retiring to a cheaper country to get better value for money, according to a survey from the National Association of Pension Funds (NAPF).

clock 28 February 2012 •

Economics / Markets

Taxpayers in line for £11bn profit from Northern Rock

The nationalisation and resale of Northern Rock will rake in a profit of up to £11bn for UK taxpayers, it was announced today.

clock 28 February 2012 •

uncategorised

HMRC probes advice firms over 'aggressive' sales of SSAS loans

Her Majesty's Revenue and Customs (HMRC) is investigating the "aggressive promotion" of using intellectual property (IP) to borrow money from small self-administered pension schemes (SSAS).

clock 28 February 2012 •

Tools

Openwork offers cash flow help for adviser switch to fees

Openwork has launched a support service for its advisers seeking financial assistance while transferring to a fee-based model.

clock 28 February 2012 •

Regulation

TSC: Publishing early warning notices a 'risk to natural justice'

The Treasury Select Committee (TSC) has said allowing the new regulator to publish early warning notices poses a risk to ‘natural justice' and urged the government to reconsider the issue.

clock 28 February 2012 •
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