Skandia has claimed that some wraps are misleading advisers by claiming that they are already facilitating adviser charging through a central cash account.
Andrew Tyrie MP, chairman of the Treasury Select Committee, says the committee will subject the banking reform proposals to pre-legislative scrutiny and will look at issues including the consequences for competitiveness of the UK's global financial industry.
Research carried out by Prudential predicts that men on average incomes will make a million pounds by the time they are 51 but women will have to wait until they are 72.
HMRC has issued guidance today which confirms that salary sacrifice pension schemes will be able to meet the automatic enrolment requirements arriving this year, according to Hargreaves Lansdown.
Expanding Financial Planning company Guardian Wealth Management will create 100 new jobs at its new £1.5m head office and training centre in South Wales which has been built with help from the Welsh Government.
AXA Wealth says it has set up its 600th Family Suntrust scheme, marking a millstone for the family Sipp plan. The average value per case is £726,000, says AXA Wealth.
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