This seems quite an under-reported story – Schroders has called for a second referendum reports Corporate Adviser to break the pollical impasse. Its view is partly informed by the fact that a soft Brexit is unlikely given the current Parliamentary make-up.
It is a significant call from the fund manager in an industry where most firms advisers and providers fight shy of such political interventions as customers, clients and investors are clearly deeply split.
The Pensions Regulator has called on advisers to get behind the pension cold calling ban by doing more to report potential scammers. From experience of talking to IFAs over the years, this works if the regulator itself makes sure it has the capacity to receive and act on these complaints and publicise that it has done so.
Wrap tech provider FNZ buys a nine per cent stake in a platform Embark. It would be interesting to hear what its other platform clients think.
The Sunday Times (paywall) points out how the clampdown on pension tax relief has created a GP retention crisis. Yet bespoke pension arrangements for GPs would raise series questions about fairness.
There seems to be a podcast for just about everything these days – FSCS boss Mark Neale talks to FTAdviser about ways in which the organisation will dealing with and trying to discourage phoenixing.
It does feel as if the various regulatory bodies are trying to get their ducks in a row.
A.J. Bell’s Tom Selby spells out how Brexit is getting in the way of the Pension Dashboard most significantly legislation which will be required to force pension schemes to supply the data.
