Latest News - Elliot Smith
FCA looking at 'attitude to transfer risk', says British Steel adviser
The Financial Conduct Authority (FCA) is focusing on the assessment of attitude to transfer risk of firms with voluntary pension transfer suspensions, an adviser who recently regained permissions has revealed.
FCA takes on pension introducers over £86 million in transfers
The Financial Conduct Authority (FCA) has launched proceedings against two unregulated introducers responsible for the transfer of £86 million in pension assets across 2,000 consumers.
Sipp claims solicitor charges 30% of compensation payouts
Clients of a solicitors' firm bringing claims against Sipp providers is charging claimants 30% of their compensation, plus 20% VAT.
British Steel: 'Trial by Twitter' IFA regains transfer permissions
An IFA firm that suspended its pension transfer business after telling MPs advisers were being subject to a 'trial by Twitter' during the British Steel Pension Scheme saga has regained its pension transfer permissions
Cover Star Extra: Sustainable switch performs for Pyne
Ethical adviser says taking a leap of faith with sustainable investing has paid off as economic realities unfold.
Biggest advice firms commit to DB transfer market amid PI jitters
The possibility of increased professional indemnity (PI) insurance premiums is not deterring national advice firms from offering defined benefit (DB) transfer advice, New Model Adviser® has discovered.
RBS still reviewing advice after FCA probe
Royal Bank of Scotland (RBS) is still conducting a review and remediation exercise relating to advice given between 2011 and 2015, at the behest of the Financial Conduct Authority (FCA).
Portfolios get ethical doppelgangers at Magenta
Magenta Financial Planning focuses on achieving clients’ individual goals, rather than hitting benchmarks
SJP blames Harry Kane for new business dip
England captain Harry Kane may be responsible for a drop in new business for the second quarter of this year, St James's Place (SJP) has said.
Profile: José Supico of Advicefront
José Supico says the hybrid model he has built at Advicefront can be at the vanguard of the next age of new model advice.
‘I couldn’t define it’: We quizzed City workers on guidance vs advice
We took a camera to the streets to ask City workers whether they understand the difference between financial advice and financial guidance. The results speak for themselves.
We asked City workers about their pensions (and got surprising answers)
In pursuit of answers, Ollie Smith and Citywire video producer Elliot Vick hit the streets around St Paul's to find out exactly how much City workers know about their pension savings.
How 23 advice firms charge their clients
We have compiled the fee structures of this year's New Model Adviser® cover star firms.