United Kingdom
Retirement | 20 May 16
Apfa’s Hannant brands BoE adviser criticism ‘unhelpful’
Chris Hannant, head of the Association of Professional Financial Advisers (Apfa), has hit back at Bank of England economist Andy Haldane’s remarks that financial advisers have “no clue” about pensions by branding them “unhelpful”.
Tax & Regulation | 19 May 16
Ex-Keydata employee banned by FCA but escapes £200k fine
The Financial Conduct Authority (FCA) has banned and publicly censured the former compliance officer of disgraced investment firm Keydata.
Best Practice | 19 May 16
IFAs have ‘no clue’ on pensions – Bank of England economist
The Bank of England’s chief economist Andy Haldane has said that financial advisers have “no clue” about pensions, while admitting that he himself cannot make the “remotest sense” of them.
Best Practice | 18 May 16
Quality stamp may allow Sipps to be bought without advice
A new UK quality mark aimed at helping consumers choose self-invested personal pension (Sipp) products without the help of an adviser will be launched this summer.
Standard Life shareholders reject CEO Skeoch’s pay packet
Nearly a quarter of shareholders voted against Standard Life’s remuneration package, despite the company’s chief executive Ketih Skeoch agreeing to a last-minute pay cut.