There is a very clear clash between the views of many financial planners and consumer advocates on the issue of disclosing fees on websties.
Paul Armson, a life planning advocate, provokes much debate by suggesting that advisers should not have to do so.
The FOS turns down four lead complaints from steelworkers about the scheme trustees and information provided concerning transfers before 2017 prior to a more comprehensive offer which saw higher transfers.
Simon Collins, managing director, regulatory, at Konexo sets out what the SM&CR means for advisers in particular the issue of what roles are deemed to be dealing with clients.
SJP has appointed brand agency Landor to help build its reputation. It would be very interesting to see the tender document.
Advisers have called for the FCA to reinstate the client-facing names removed from the FCA register in the recent shake up.
A House of Lords amendment would see IHT disapplied to cohabiting siblings. There have been several high-profile cases and it does feel unfair instinctively.
Peter Hargreaves plans to set up a charitable business with a £100m of funding.
Terry Smith tells Citywire Wealth Manager that he won’t fall into the Woodford trap. It is important, I think, that Mr Smith has said this. It is rather obvious how not to.
I think the overdraft story is arguably the biggest not of direct consequences for IFAs. But regulatory changes around bank accounts are arguably prompting banks to hike overdraft charges. Santander’s move is one of several. Quite a remarkable story in that a harsh assessment would say that the banks are flexing their muscles to resist a change they do not like in terms of how they charge for accounts. The clash and how it is resolved will be instructive. Martin Lewis is doing sterling work warning consumers about the consequences.
