News

Now Health International has launched as the newest intermediary focused entrant in the UK international private medical insurance (IPMI) sector.

Pension and wealth management consultancy Mattioli Woods boosted revenues by 12.7% to £7.43m in the six months to 30 November.

Adviser business transformation firm Veracity has completed a management buyout from Macquarie.

Only 7% of IFAs are currently employing a fee-only remuneration model, although an increasing number are now planning to move away from commission.

The FSA has warned leveraged ETFs could be classed as 'generally unsuitable' for the mainstream retail market, along with complicated structured products and trade life policy investments.

The FSA may extend to other retail markets the practice of requiring advisers to justify recommending a product with higher charges compared to a more basic vehicle.

The FSA has banned five individuals and fined another for failings which led to mortgage fraud.

Sesame Bankhall Group has all but ruled itself out of applying to become an accredited body under the FSA's new professionalism regime.

The FSA has earmarked Keydata-style traded life policies as a product "generally unsuitable for the mainstream retail market".

Former Legal & General IFA sales director Iain Clark will join LV= as director of protection.