Latest News - William Robins
Do you remember where you were four years ago today?
Happy Birthday Budget 2014! Yes, 19 March is an exciting day in my calendar. First of all it is my birthday. But even more excitingly it is the day when, in 2014, former chancellor George Osborne announced the pension freedom reforms…by surprise!
In-specie saga: HMRC's tax relief denial defeated in court
HM Revenue & Customs has been told to allow pension tax relief at source on in-specie contributions, granting a provisional reprieve on what could amount to millions of pounds in tax money.
MPs demand assurances after undercover FOS doc
The chair of the Treasury committee has written to the Financial Ombudsman Service demanding assurances after undercover reporters claimed staff were judging cases with inadequate training or without proper checks.
UK to pay £8.4bn pensions bill in EU divorce settlement
The UK is on the hook to pay £8.4 billion towards European Union pension costs after Brexit, according to the Office for Budget Responsibility
Untrained FOS staff turned to Google to research products
The Financial Ombudsman Service may have to reopen thousands of cases after an undercover investigation revealed how complaints handlers had inadequate training, in some cases having to use Google to search for products.
Labour pensions shadow removed over 'employment issue'
Labour shadow pensions minister Debbie Abrahams, a critic of the pension freedom reforms, has stepped down while an ‘employment issue’ is investigated. She denies any wrongdoing.
AJ Bell reveals float plans, with 'exclusive' shares for 172,000 customers
Platform AJ Bell has is preparing for a float on the London Stock Exchange (LSE) that is set to include a retail share offer, available exclusively to AJ Bell customers.
Editor's comment: Why we must try harder for women in advice
There have been more than a couple of occasions in the past year or so when our own research yielded awkward results when it comes to representation.
FCA delayed DFM shutdown to protect FBI investigation
The Financial Conduct Authority (FCA) delayed shutting down failed discretionary fund manager (DFM) Beaufort Securities to allow the US FBI to complete an undercover investigation, according to The Times.
L&G profits up 32%, inflows and annuity sales both increase
Legal & General has increased operating profits by 32%, boosted by a change in longevity assumptions which allowed a release of £332 million.
Ex-Partnership chief: I was in the dark about pension freedoms
Former Partnership chief executive Steve Groves has criticised the pension freedoms and revealed that, unlike others, he did not receive any prior warning of what was in the 2014 Budget.
Boutique tapes: if you want to get rich, work for Goldman Sachs
In the first edition of a four-part series, four boutique bosses reveal how they convince top fund managers to join them.
Adviser profile: Claire Phillips of First Wealth
Despite plans to cut client numbers in half this year, Claire Phillips says First Wealth is committed to closing the advice gap and improving financial education