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News

Wrap/platforms

Cofunds pushes for legacy clarity

Cofunds is urging the FSA to clarify its stance on legacy commission following confirmation the regulator is pushing ahead with a proposed ban on the payments.

clock 25 November 2011 •

Wrap/platforms

Ashcourt Rowan links with Ascentric in RDR transition drive

Ashcourt Rowan Asset Management has announced its Managed Portfolio Service is available on the Ascentric wrap.

clock 25 November 2011 •

RDR

Providers reveal plans to increase direct sales

Leading product providers have revealed plans to increase their of direct business operations as they expect up to 10% of advisers to leave the industry due to RDR, according to confidential discussions with researchers.

clock 25 November 2011 •

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 •
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