FCA
Tax & Regulation | 23 Jun 15
FCA rejects call for fee freeze, hikes adviser rates
The Financial Conduct Authority (FCA) has rejected calls for a freeze in its fee hikes and has confirmed a 10.2% increase in 2015/16 for financial advisers.
Retirement | 23 Jun 15
QROPS interest grows following UK pension ‘frustrations’
Advisers have reported a growing interest in QROPS as expats grow increasingly “disappointed and frustrated” with the inability of UK providers to accommodate April’s pension freedoms.
Retirement | 22 Jun 15
Industry figures assess ABI plan to cull pension advice safeguards
Senior industry figures have agreed that the regulatory and legal requirements around the new pension freedoms pose a problem for policyholders, but are split on the ABI urging the UK Government to scrap paid advice for those with guaranteed annuity rates.
Retirement | 22 Jun 15
ABI urges UK Gov’t to scrap pension advice safeguards
The Association of British Insurers (ABI) has urged the UK government to drop the need for pension holders with guaranteed annuity rates to pay for advice.
United Kingdom | 22 Jun 15
Fraudster jailed over UCIS scheme
Adam Hawkins has been sentenced to six years and nine months for losing investors £4.3m in an unauthorised collective investment scheme he operated through three land bank companies.