Latest News - Jack Gilbert
Scottish Widows reveals adviser platform plan
Scottish Widows is developing an investment platform for IFAs New Model Adviser® can reveal.
Lloyds chief promises ‘very different’ advice arm
Lloyds Banking Group’s chief executive has claimed the bank’s return to financial advice will be ‘very different’ to the mis-selling of the past and said the ‘booming’ pension freedoms was behind the decision to expand in this market.
One Sipp firm still failing FCA cap ad requirements
One Sipp provider is still failing to meet the FCA's capital adequacy requirements which require Sipps to hold higher amounts of capital.
TPR and police carry out pensions cold-calling investigation
The Pensions Regulator has carried out searches in a joint operation with the police as part of an investigation into pension schemes linked to cold calling.
Platforms keep faith in FNZ despite Aviva's problems
Platforms have restated their faith in technology provider FNZ, despite a series of problems surrounding Aviva's move to technology provided by the company.
1825 deploys ‘retention pots’ in bid to keep advisers
Acquisitive national advice firms such as Standard Life’s 1825 and Ascot Lloyd are extending financial incentives beyond owners to rank-and-file advisers. Some IFAs have welcomed the initiative for advisers 'suddenly subject to instability'.
Troubled DFM hit with fresh client complaints
The Financial Ombudsman Service (FOS) has upheld a claim against troubled wealth firm Beaufort Securities, as it continues to look into a ‘steady stream’ of cases against the company.
Carey Pensions splits Sipps into good and 'distressed' books
Sipp firm Carey Pensions UK has told some members their Sipp will be transferred into a ‘distressed’ book of business which would include ‘members with illiquid non-standard assets'.
British Steel: FSCS prepares to declare Active Wealth in default
The Financial Services Compensation Scheme (FSCS) is preparing to declare the IFA at the centre of the British Steel saga in default.
Old Mutual buys £40m Wiltshire-based IFA
Old Mutual Wealth Private Client Advisers has acquired Wiltshire-based advice firm A&M Financial Services.
'It had to be a surprise': Webb reveals strategy behind freedoms
Speaking to us as we launch our Pension Freedoms MOT series, ex-pensions minister Steve Webb has revealed the strategy behind 2014’s surprise Budget announcement.
MiFID II tapes: 'We get the regulation we deserve' on risk
'We get the regulation we deserve, because we don't set a high enough professional standard ourselves,' according to FinaMetrica director Paul Resnik.
Adviser profile: Carl Roberts of RTS Financial Planning
Carl Roberts says adopting a fixed-fee model and finding the right mixture of clients will be the catalyst for success at RTS Financial Planning.