News by: William Robins
Markets
Death Cigarettes founder tells paraplanners to fire up marketing
Paraplanners setting up their own business have been told to radically re-think their marketing strategy by the branding guru behind Death Cigarettes.
Paraplanners urged: boost your value by specialising
Paraplanners can make themselves more marketable to advisers by developing a specialism, according to former Personal Finance Society president Eddie Grant.
FSA enlists paraplanners in fight against poor investment advice
The Financial Services Authority has called on paraplanners to challenge advisers where centralised investment propositions (CIPs) are employed that are not suitable for clients.
Partnership and Openwork strike annuity deal
Partnership is to become the sole standard and enhanced annuity provider for Openwork and has made a ‘significant’ upfront payment to build new systems for the multi-tied network.
Sipp provider hits out at £8m green oil Ucis closure
Sipp provider Stadia Trustees has hit out at a High Court decision to close a green oil investment because it should have been called a collective and allegedly promised unrealistic returns.
Ofqual criticises CII level four diploma over gaps and easy questions
Exam regulator Ofqual has criticised the Chartered Insurance Institute for failings in its retail distribution review level four qualification.
Why a new model annuity push is needed
The Association of British Insurers has promised an annuity shopping-around directory, but its listing of ‘experts’ does nothing to address the wide variety of client needs nor to match clients with a suitable adviser.
AXA calls for consultation on Sipp and GPP charges
AXA Wealth has called for a consultation on clarifying defined contribution pension charges to be extended to group personal pensions and Sipps.
Eversheds warns of TPR auto-enrolment intervention
Law firm Eversheds has warned advisers that The Pensions Regulator (TPR) will look to use a set of tell-tale risk factors when investigating compliance with auto-enrolment.
Steve Bee: Workplace advisers must link with accountants to survive
Advisers must team up with accountants to launch workplace focused businesses in order to survive a ‘perfect storm’ of regulatory change.
Sargisson on a mission to revive James Hay’s fortunes
James Hay’s Tim Sargisson is confident the provider’s recent revamp will boost business.
Biofuel firm attack on SFO dismissed as 'fanciful'
Claims by a collapsed £40 million Sipp biofuel investment scheme that it was it was shut down unfairly have been dismissed as ‘fanciful’ by the firm responsible for retrieving investor’s money.
Webb unveils plans for contracting out offset
The pensions minister has revealed private sector employers will be allowed to cut the payments of contracted out defined benefit scheme members when the government's proposed flat rate state pension is introduced.
HMRC faces top brass exodus
HM Revenue & Customs is set to be hit by a wave of exits this summer with four of its top five tax collectors due to leave.
Canada Life makes dual hire in reshuffle
Canada Life has made two hires to its wealth and retirement divisions following management changes.
Aviva UK pension sales rise 12% despite drop in life business
Aviva UK pension sales have jumped 12% over the first three months despite an overall fall in life and pension business.
Pica calls on gov't to back annuity adviser index
The Pensions Income Choice Association (Pica) has called for government support for its plans to build a search engine of annuity advisers.
Adviser Week: Collapsed investment fuels FSCS fears
New Model Adviser® news editor Alex Steger and chief reporter Will Robins discuss the implications for advisers from the collapse of unregulated investment Sustainable AgroEnergy.
NAPF calls for clearer DC pension charges
The National Association Pension Funds has gathered members of the pension industry to launch a consultation on how to make pension scheme charges clearer to employers.
JLT freezes all ETV exercises after gov't and FSA clampdown
JLT Wealth Management has suspended all enhaced transfer value excerises after FSA rule tightening.