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News

Pensions

Pointon York off the market

SIPP provider Pointon York has taken itself off the market after a two-month sale process.

clock 24 November 2011 •

Investment

FSA to target IFAs who mis-sold Arch Cru

The Financial Services Authority (FSA) has criticised IFAs for trying to shirk responsibility for Arch Cru investors' losses, and has warned evidence of widespread mis-selling could trigger an industry-wide past business review of all recommendations...

clock 24 November 2011 •

Tax Planning

Top tax pushes rich abroad for 'tax-yahs', says think tank

The 50p tax rate is ineffective in raising revenue and encourages young wealth creators to hide their money abroad, a think tank has said.

clock 24 November 2011 •

Offshore Investment

Kleinwort Benson launches QNUPS

Guernsey-based Kleinwort Benson has launched its Guernsey QNUPS, the COPIA+ Guernsey Retirement Plan. The plan is aimed at financial advisers with British expat clients, as well as foreign nationals with UK IHT exposure.

clock 24 November 2011 •

Offshore Investment

Friends Life appoints international managing director

Friends Life has appointed John Van Der Wielen as Managing Director, International. International businesses Van Der Wielen will oversee include Friends Provident International (FPI) based in the UK and the Isle of Man.

clock 24 November 2011 •

Economics / Markets

Dire German debt auction rocks global markets

A dire German bond auction rocked markets overnight, with Japan's Nikkei index hitting its lowest level since April 2009 as fears deepened over the eurozone crisis.

clock 24 November 2011 •

Regulation

Distributor influenced funds: A compliance lowdown

DIFs have been nudged back under the regulatory spotlight following a new conflict-of-interest warning last week, so what should advisers be looking out for?

clock 24 November 2011 •

RDR

Advisers' RDR concerns switch to profitability after opting to stay put

Less than 5% of independent financial advisers (IFAs) will leave the industry after retail distribution review (RDR) implementation, although an increasing number are worried about profitability, a survey suggests.

clock 24 November 2011 •

Investment Trusts

Revealed: Winners of the Investment Trust Awards 2011

The winners of the Investment Week Investment Trust Awards 2011 were announced at a glittering ceremony in London last night.

clock 24 November 2011 •

Investing in the profession

Meet the nine IFAs awarded the Gold Standard

Nine independent financial advisory businesses were celebrating last night after securing a Gold Standard award.

clock 24 November 2011 •
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