United Kingdom
Investment | 7 Apr 15
Pension trustees to check adviser credentials on DB transfer advice
Advisers now have to provide pension trustees with details of any transfer advice they give to members of defined benefit pension schemes, according to final guidance by the UK’s pension regulator.
Tax & Regulation | 1 Apr 15
Nine in 10 advisers still reliant on trail commission
Trail commission remains an important driver of income for 93% of advisers despite the charge being completely banned from next April, a survey has found.
United Kingdom | 31 Mar 15
Sesame to close advisory network for investment advisers
UK financial services giant, Sesame Bankhall Group, is to sell part of its advisory network in a bid to return the business to profit, despite a 30% reduction in new complaints in the second half of last year.
United Kingdom | 30 Mar 15
Scam fears grow as pension freedom day nears
Fears that unregulated financial advisers will step up the marketing of unsuitable products following the introduction of UK pension freedoms next week are growing.
United Kingdom | 27 Mar 15
Cofunds posts surge in pre-tax profit for 2014
UK investment platform Cofunds has reported an 83% increase in pre-tax profits of £7.7m for 2014 due in part to a big growth in retail pension assets using its service.