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News

RDR

IFA concerns grow on commercial impact of RDR

The transition to adviser charging is increasingly focussing advisers' attention ahead of the RDR deadline while concern over qualifications wanes, according to research from L&G.

clock 11 August 2010 •

ISAs

Monthly saving reaches two year high

The number of UK people who save every month has reached a two year high, according to a survey from NS&I.

clock 11 August 2010 •

Protection

Positive Solutions hosts partner roadshows

Positive Solutions is hosting a series of "Wealth Synergy Events" for its IFA partners across the UK.

clock 11 August 2010 •

Your profession

RWC readies three funds for Purves and Lance

RWC Partners is poised to unveil a trio of funds for star recruits Nick Purves and Ian Lance, including a covered call strategy similar to the managers' former Schroder Income Maximiser vehicle.

clock 11 August 2010 •

Offshore Investment

HMRC hounds offshore investors to whistleblow on advisers

HM Revenue & Customs (HMRC) has sent a letter to 600 offshore account holders asking them to inform on their advisers' involvement in tax avoidance.

clock 11 August 2010 •

Insurance

FSA prevents Wise Owl offering insurance and mortgages

Birmingham-based Wise Owl Services is no longer permitted to conduct insurance and mortgage activity after the FSA contacted the firm over concerns about its sales practices.

clock 11 August 2010 •

ETFs

Commerzbank to enter UK ETF market

Commerzbank is due to launch ComStage ETFs in the UK for the first time in September.

clock 11 August 2010 •

Economics / Markets

BoE: inflation to remain above target until end of 2011

The Bank of England has revised down its forecast for UK economic growth and expects inflation to remain above the 2% target until the end of next year.

clock 11 August 2010 •

Economics / Markets

Inflation to remain above 2% until end of 2011

The Bank of England has revised down its forecast for UK economic growth and expects inflation to remain above the 2% target until the end of next year.

clock 11 August 2010 •

RDR

VAT rules penalise clients paying in instalments

Current VAT rules threaten to penalise clients paying in instalments and could undermine the RDR's aims, warns Skandia.

clock 11 August 2010 •
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