Retail Distribution Review The financial services industry is currently preparing for one of the biggest reviews of regulation since the Financial Services Act was introduced in 1986. The Retail Distribution…
General Financial News
The Future of Independent Advice: Retail Distribution Review
Workplace Pension Reform: Auto-enrolment
Workplace Pension Reform As we reported in our Summer newsletter, Workplace Pension Reform will bring with it auto-enrolment which is intended to ensure that the thousands of workers who currently…
Banks Withdraw from Retail Financial Advice
There was a time when we all trusted the Banks, or rather our local, friendly Bank Manager. That all ended when the banks became retailers, target driven and profit motivated. In…
EU Launches Green Paper on Pensions
European pension systems are under pressure from demographic ageing as a result of increases in longevity and declining birth rates. From 2012, the working age population in Europe will begin…
Emergency Budget
Emergency Budget The first Budget under the new Conservative – Liberal Democrat coalition government on Tuesday 22nd June saw George Osborne outline the first steps in tackling the crippling level…
HMRC Relent on Unsecured Pension Transfers
With the change of minimum pension age from 50 to 55 an unintended consequence was that anyone who had commenced Unsecured Pension (USP) prior to 6th April 2010 aged between…
New Star Investment Funds Update
The New Star International Property fund remains suspended from trading, with no date for re-opening although we believe it is likely to re-open in the next 6 months. The…
New Star Investment Funds Update New Star Investment Funds Update
A number of clients hold New Star funds in their portfolios, most specifically the New Star International Property fund which has been suspended from trading since the end of November…