by Richard | Feb 28, 2020 | Archive
The following article is interesting reading for anyone with a pension scheme with Equitable Life. http://www.bbc.co.uk/news/business-23454041 If you think you might be one of the eligible people for compensation you need to act within the next few months as the...
by Richard | Feb 28, 2020 | Archive
I was very surprised to read the report on the Daily Mail website that the Adam Smith Institute is arguing for the state to finance financial reviews for everyone aged 50 and again when they reach the age of taking their state pension....
by Richard | Feb 28, 2020 | Archive
I was not surprised that so many large employers have been identified by the pensions regulator for not being compliant with their requirement for auto-enrolment. The Government has not promoted independent financial advisors adequately for this enormous endeavour....
by Richard | Feb 28, 2020 | Archive
I was disappointed to read that the numbers of complaints regarding income drawdown had increased significantly to the Financial Ombudsman Service. Income Drawdown is more risky than an annuity and should be only considered if the pensioner can afford some loss and...
by Richard | Feb 28, 2020 | Archive
The following article supports my personal campaigning for the industry regulator to pursue individuals at the various banks who give duff advice. http://www.moneymarketing.co.uk/investments/santander-worst-for-investment-complaints/1069498.article If the FSA went to...
by Richard | Feb 28, 2020 | Archive
I agree with Rory Percival of the FCA that the term ‘whole of market restricted’ is a misleading phrase and should not be used. In fact I would go much further. I would have Independent and those who are not independent be called salespersons only. You cannot, in my...
