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News

Protection

Medicals Direct enters claims arena

Medicals Direct Group has launched a new tele-claims service.

clock 30 October 2009 •

RDR

RDR could punish consumers-TISA

The RDR could be detrimental to consumers both in terms of higher product charges and an increase in the cost of advice, warns the Tax Incentivised Savings Association(TISA).

clock 30 October 2009 •

Mortgages

Mortgage approvals reach 18 month high

Mortgage approvals for house purchases rose to their highest level in 18 months, latest figures from the Bank of England (BoE) show.

clock 29 October 2009 •

uncategorised

Pension Credit capital threshold increases to £10,000

People entitled to Pension Credit will have the first £10,000 of their savings ignored from 2 November, up from £6,000, the Department for Work and Pensions announces today.

clock 29 October 2009 • 1 min read

Economics / Markets

US economy exits recession

The US economy has come out of recession, with annualised growth of 3.5% in the third quarter of 2009.

clock 29 October 2009 •

Your profession

Chartwell launches 'Direct Advice' service

Chartwell today launches its online ‘Direct Advice' offering to new customers.

clock 29 October 2009 •

Offshore Investment

Offshore centres must improve consumer protection-Foot Review

Offshore centres must ensure their compensation schemes are understood by depositors and should also consider whether an Ombudsman scheme is justified.

clock 29 October 2009 •

Wrap/platforms

FundsNetwork unveils Adviser Ongoing Fee service

Fidelity FundsNetwork has launched a new fee service to help advisers meet RDR proposals, allowing IFAs to agree an ongoing charge over an entire client portfolio, rather than commission on individual products.

clock 29 October 2009 •

RDR

Adviser may have to refer clients to struc prod specialists post-RDR

Advisers may be forced to bear the cost of outsourcing structured product advice to third parties post RDR, following a damning FSA report into failings in the sector.

clock 29 October 2009 •

Regulation

LV= backs FSA push to keep projected product growth rates 'realistic'

LV= says it welcomes further FSA moves to press providers into using realistic growth projections for retirement products.

clock 29 October 2009 •
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