News

The world's wealthy believe they can more than triple their wealth within 10 years, requiring compound annual returns just over 12%, according to research.

FSA bosses have assured MPs they have no current plans to raise qualification requirements above level 4 after the RDR deadline.

The FSA has defended its stance towards the commission ban but conceded the new charging structure could still be biased.

FSA chief executive Hector Sants has said he did not mean to cause offence when he said it was acceptable for 20% of IFAs to leave the industry due to the RDR, but maintains the exits will not harm consumers.

The FSA says it will put in place a post RDR programme to monitor levels of consumer trust in advisers.

FSA chief executive Hector Sants has told the Treasury Select Committee (TSC) the RDR is not designed to bridge Britain's savings gap.

End of year results show Ageas's protection arm managed a 90% yearly increase in protection customers, resulting in new annual protection premiums up 52.3% to £22.7m.

In the round, levels of capacity and ageism. We go step by step through the TSC's grilling of the FSA on the RDR.

It took a while, but the past six months have seen politicians in Westminster finally take note of RDR and the way it may impact advisers and consumers.

The VCT industry expects to raise significantly more than last year's total of £340m as demand for investments to mitigate higher tax rates and pension-top up vehicles increases.