Citizens Advice hits out at FCA over super-complaint action
Written by James
Citizens Advice has criticised the FCA over its response to the so-called loyalty penalty super-complaint.
The FCA has revealed it will take further action over DB transfers.
Millions of consumers are clueless about where to find financial advice although growing numbers want financial help with their savings and retirement plans.
CISI targets younger professionals as it relaunches CFP qualification
Written by James
The CISI is targeting young people looking for professional careers as it prepares to relaunch its Certified Financial Planner qualification in the UK.
The Personal Finance Society warned today that it has evidence of financial advisers struggling to obtain professional indemnity insurance - and being unable to advise on defined benefit pension transfers - due to big increases in the Financial Ombudsman Service compensation limit.
£100k investors 10 years ago would have seen 89% return
Written by James
New research has shown those who kept a cool head through the financial crisis have been rewarded.
New research has found that nearly half of UK adults (44%) believe they will fail to save enough in their pension to enjoy their “ideal retirement.”
Jailed sex offender back in charge of financial advisory firm
Written by James
Convicted sex offender Frank Cochran is back in charge of his old advisory firm, according to Companies House files.
Importance of Paraplanners set to grow say experts
Written by James
The role of Paraplanners is set to take on greater importance in the next three years, according to a recent survey.
The passive fund industry has grown strongly over the last decade or so as investors have increasingly sought out lower-cost solutions and, in the case of the UK, due to the Retail Distribution Review.
More...
Financial Planning businesses play host to a plethora of data from fact finds, application forms, CRM systems and platforms but are planners taking full advantage of the potential of technology to improve efficiency?
Carolyn Gowen CFPTM Chartered FCSI reveals how she achieved her dream of a life in France while still managing to help run a Financial Planning business in England.
Planner aids engineer who lost job after oil price collapse
Bradley Hayden
Real life case study: Bill Saunders of Acumen Financial Planning
Financial Planner Bill Saunders CFPTM Chartered MCSI deals with the case of a Chartered Mechanical Engineer who lost his job when the oil price collapsed and was left with little prospect of finding a new job.
More and more clients – especially the wealthier clients who are more likely to use Financial Planners – have assets, income or liabilities in more than one jurisdiction. That may be for legacy reasons (emigration or retirement abroad) or business reasons.