News by: Michelle Abrego
Markets
Royal London protection boss Roger Edwards to exit
Royal London's managing director of protection Roger Edwards is to leave the company.
Addidi moves office to enhance its image
London-based Addidi Wealth has moved offices after a strategic review of the business, writes Michelle Abrego
Arch crusader Cardy calls for IFAs to support legal battle
IFA Centre managing director Gill Cardy is taking a stand against the handling of the Arch Cru scandal whether her members support her or not.
Keydata IFAs club together and weigh up FSCS deal
A group of 219 advice firms alleged to have mis-sold over £16 million of Keydata products is considering whether to end its legal battle with the Financial Services Compensation Scheme (FSCS) by agreeing to a settlement.
HSBC profits almost double to $8.4bn
HSBC pre-tax profits have nearly doubled to $8.4 billion (£5.4 billion) in the first three months of 2013 compared to the first quarter of 2012.
Paraplanner returns to Beacon to tackle auto-enrolment growth
Cambridgeshire-based Beacon Wealth Management has welcomed the return of one of its paraplanners to take on the firm’s auto-enrolment proposition after leaving the business in 2006.
Practitioner Panel: RDR anger drives lack of confidence in regulator
Anger over the implementation of the retail distribution review has led to a widespread lack of confidence in the effectiveness of the regulator among firms affected by the initiative, according to a survey from the Financial Conduct Authority’s Practitioner Panel.
Paradigm's Tatton links up with Quilter
Paradigm’s asset management arm Tatton Investment Management has linked up with Quilter to provide discretionary fund management services.
Ex-mortgage broker faces trial over FCA charges
Former mortgage broker Michael Joseph James Lewis has been committed to trial at Maidstone Crown Court in relation to criminal offences brought against him by the Financial Conduct Authority.
E&Y: the days of 'three plus a half' are over
Consultants Ernst & Young have argued that the ‘three plus a half’ charging model still favoured by most adviser post-retail distribution review is unsustainable.
FCA gets pre-emptive to stem interest-only shortfalls
The Financial Conduct Authority has taken pre-emptive action over interest-only mortgages following research which found that over the next 30 years 48% of borrowers may not have enough money to pay off these loans.
Adviser KnowHow: How to deal with the new regulator
The new regulator came into power last month with intentions to be more hands-on and proactive. So are advisers prepared? Or is there more you could do to bring your proposition in line?
How five firms are helping mass-market clients
Check out how these five firms are helping mass market clients.
How IFAs are filling their share of the advice gap
IFAs are blazing a trail to close a mass market advice gap widened by banks’ exits, despite the challenges of creating an execution-only or simplified advice offering