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News

uncategorised

Final auto-enrolment regulations published

The final rules governing auto-enrolment into workplace pension schemes from 2012 were laid before Parliament today.

clock 12 January 2010 •

Your profession

FOS freezes levy and case fee until March 2011

The Financial Services Ombudsman (FOS) has frozen the total levy paid by all financial businesses, and the case fee, at 2009/2010 levels until March 2011.

clock 12 January 2010 •

RDR

RDR transition takes five years - FP Advance

IFAs face a race against time to get in shape for the RDR, with some firms plagued by a mindset of resistance to change, according to transitional planning firm FP Advance.

clock 12 January 2010 •

Investment

PPF reveals £60bn improvement in scheme funding levels

Aggregate scheme funding improved by £60.1bn in December 2009, latest figures from the Pension Protection Fund reveal.

clock 12 January 2010 •

ETFs

ETP market to hit $1.2trn in AUM

The exchange-traded product market in the US and Europe is expected to hit $1.2trn in assets under management in 2010, says Deutsche Bank.

clock 12 January 2010 •

Investment

Reputation key for advisers' product recommendations

The financial strength and reputation of providers are the two most important factors for advisers considering recommending their products to clients, research suggests.

clock 12 January 2010 •

Mortgages

FSA punishes mortgage broker for failure to co-operate

A London-based mortgage broker has had his approval withdrawn for failing to co-operate with the FSA.

clock 12 January 2010 •

Investment General

SWIP scoops up unloved assets

Scottish Widows Investment Partnership (SWIP) is spending to scoop up some of the world's least popular assets.

clock 12 January 2010 •

With Profits

Aviva cuts with-profits rates on new business

Aviva has today cut its with-profits income rates for new business, from 3.25% to 2.5%.

clock 12 January 2010 •

ETFs

ETFs offer untapped potential for institutional investors

ETFs are experiencing explosive product growth and offer untapped potential for institutional investors, according to a report by State Street Corporation.

clock 12 January 2010 •
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