QROPS to receive full flexibility
HM Revenue & Customs last week issued draft legislation to allow QROPS schemes the same flexibility in drawing pension benefits as will apply to UK pensions from 6 April.
UK Adviser
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Govt proposes FCA enforcement overhaul
The Government has proposed a revamp of the FCA’s enforcement process to deter wrongdoers and to protect both consumers and the UK markets.
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Collective effort Asset Brewin Dolphin
In the 11 years that Ben Gutteridge has worked at Brewin Dolphin, the UK-headquartered discretionary wealth manager with a Jersey office, has nearly doubled its assets under management, from £17bn to around £30bn.
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Jailed IFA banned from industry
A financial adviser who was sentenced to four years imprisonment after he conned elderly clients out of £130,000 has been banned from the industry for life.
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RDR is working says FCA
The FCA has said there is little evidence to suggest the Retail Distribution Review (RDR) has caused any major decline in the availability of financial advice, and has in fact had a positive impact overall.
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Capital Platform alternative investment proposit
Capital Platform International, has unveiled a new proposition to increase the ease and efficiency of investing in alternative products.
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UK trailing behind EU countries ethical investment
Britain lags significantly behind some of its European counterparts when it comes to investing in ethical and sustainable financial products, according to new research.
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FCA says consumers failed by pension market
An FCA study has found that the annuity market is not working well for consumers who continue to miss out on a higher income by not shopping around.
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Barnett yet to convince Aviva
Aviva is the latest company to wade into the debate between Neil Woodford and his successor at Invesco Perpetual, Mark Barnett.
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Salamanca appoints new head of trust team
Salamanca Group has appointed a new head for its Geneva-based trust and fiduciary office to strengthen the team during turbulence in the Swiss trust industry.
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Decision against reckless Holborn IFA delayed
The date of a hearing which will make a final decision on the action taken against a financial adviser who “recklessly” sold high risk investment products to clients in the UK has been pushed back to next year.
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Margaret Hodge attacks PwC on tax avoidance
MP Margaret Hodge has accused accounting firm PwC of “selling tax avoidance on an industrial scale”.