News

The pension industry has welcomed the Treasury's rejection of early access to pensions and supports reform of trivial commutation.

Is it possible to reach a catch-all definition of commission that accurately reflects what a financial adviser does for an income?

National IFA Positive Solutions has overhauled its pension switching guidelines for its 1,300 partner advisers following FSA guidance and recent regulatory action against at least 22 firms.

NHS Alliance has instigated a competing listening panel to that put together by the government for the Health and Social Care Bill.

The Treasury has rejected early access to pensions as a means of closing the retirement savings gap.

Long term care (LTC) specialist Partnership has criticised plans put forward by James Lloyd of the strategic Society Centre think tank for compulsory LTC insurance.

Source has launched an ETF providing exposure to volatility spikes, in partnership with investment bank Nomura.

Regulation imposed by the FSA is a greater burden and competitive disadvantage on brokers than corporation tax, the British Insurance Brokers' Association (BIBA) has warned.

The FSA has banned four mortgage brokers and imposed fined totalling £450,000 on three of them for knowingly using misleading and inaccurate information to secure mortgages.

Coutts, the private banking arm of RBS, has changed its lending criteria for mortgage clients who will need to have £1m of investable assets before it considers applications.