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News

Income Protection

Cirencester friendly warns of FSA protection scrutiny

Cirencester friendly has said IFAs should not be held solely responsible for ensuring the working population is properly protected, but warned the FSA is watching them.

clock 15 September 2011 •

TCF

Rockingham IFA fined £35k for exposing retirees to unsuitable advice

The Financial Services Authority (FSA) has fined Peterborough-based Rockingham Independent £35,000 and imposed partial bans on its directors and an adviser for exposing retirees to unsuitable advice.

clock 15 September 2011 •

uncategorised

FSA visits confirm concerns over small SIPP firms: Defaqto

The Financial Services Authority's (FSA) inspection of eight SIPP providers shows it is concerned over levels of risk among small providers, a Defaqto expert says.

clock 15 September 2011 •

Regulation

FSA forces bankruptcy on unauthorised CIS mastermind

The Financial Services Authority (FSA) has forced bankruptcy upon a man who was behind a £4.8m unauthorised collective investment scheme (CIS), after he failed to pay money back to his investors.

clock 15 September 2011 •

uncategorised

Oz and NZ could lose QROPS dominance

Australia and New Zealand will see their share of the qualifying recognised overseas pension scheme (QROPS) market fall due to a tightening of tax laws, experts claim.

clock 15 September 2011 •

Investment

Elton John charity sues adviser over unpaid £700k

Pop supremo Sir Elton John is suing the owner of an advisory firm for failing to honour a £700,000 charity auction bid.

clock 15 September 2011 •

Equities

The 10 best and worst performing funds since Lehmans

On the third anniversary of the collapse of Lehman Brothers and subsequent credit crisis, Investment Week looks at the best and worst performing funds and sectors over the last three years.

clock 15 September 2011 •

Wrap/platforms

True Potential to host free IFA investment forum

Investment platform True Potential is set to host its inaugural Investment Forum for advisers next month.

clock 15 September 2011 •

Economics / Markets

Markets recover as leaders seek eurozone solution

The FTSE has opened trading in positive territory amid signs European policy makers are moving to stem the eurozone debt crisis.

clock 15 September 2011 •

uncategorised

Thousands of L&G pension savers face charge hike

More than 100,000 Legal & General pension savers will see the annual charge on their retirement plans rise from next year unless they move their pension.

clock 15 September 2011 •
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