FCA: one third of British Steel transfers unsuitable
The Financial Conduct Authority (FCA) has revealed that only 51% of the transfers it has reviewed from the British Steel Pension Scheme have been suitable.
STM appoints Deloitte to run skilled person review
A skilled person review will look at the compliance and governance of international Sipp provider STM Group, as the company has reached an agreement with the Gibraltar financial regulator.
'My wife is seeing aliens': five terrible tax return excuses
Every year, HM Revenue & Customs publishes a list of bizarre excuses for late tax return submission, and every year the excuses just get worse and worse!
FCA's DB advice warnings fail to prompt IFAs to review processes
Over two thirds of advice firms had not carried out any external review of their advice process following the Financial Conduct Authority’s review of define benefit transfer advice last year.
Bills, bills, bills: 10 FSCS tales from the last 12 months
As advisers contemplate a £24 million supplementary levy, we round up some of the biggest Financial Services Compensation Scheme stories from the last 12 months.
Carmignac: why advisers should track Bitcoin's value
Investment boutique Carmignac calls turning tide of cryptocurrency Bitcoin days before its rapid crash, and says the currency value is a good barometer for risk-appetite.
Prudential drops Capita from £700m pension contract
Capita will lose its administration contract for M&G Prudential’s life and pension policies from 31 July.
Bellpenny drops: chief exec promises smooth move to independence
Ascot Lloyd chief executive Nigel Stockton explains why the consolidator dropped all of its restricted advice to go completely independent, and sets out the case for dropping Bellpenny from its name.
Advisers split on contingent charging ban for DB transfers
A slim majority of advisers at this year’s New Model Adviser® Conference and Awards opposed an outright ban on contingent charging on pension transfer advice, despite warnings it poses a conflict of interest.
FCA bans former jailed Newcastle IFA
The Financial Conduct Authority (FCA) has banned a former IFA who was jailed for defrauding clients of £3 million.
Watch: Ed Balls' DB transfer warning to chancellor
The former shadow chancellor has issued a warning to the current chancellor about potential DB transfer ‘mis-selling’ in pension freedoms.
We quiz Standard Life chief on 1825 and Elevate
In this final instalment of our exclusive interview, Standard Life chief executive Barry O'Dwyer answers Citywire's questions about the company's restricted advice arm 1825, and brands the Elevate platform deal a 'fantastic success'.
Adviser Profile: Keith Churchouse of Chapters Financial
Keith Churchouse already has reason for Christmas cheer as Chapters Financial continues to grow at an impressive rate. He now wants his revamped robo-advice proposition to deliver the gift of advice to the masses