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Displaying items by tag: Advice

The government-backed Money and Pensions Service (MAPS) has today launched Pension Wise Digital, a digital version of its face to face service, to expand its free guidance offering to more people.

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The FCA has provisionally banned two financial advisers for “acting without integrity” in relation to SIPPs pensions advice involving £10m of investments.

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New research by the ABI has revealed that 76% of the people it included in an advice 'experiment' made decisions leading to a better financial outcome when guidance was ‘personalised’ to an individual’s circumstances.

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Friday, 04 August 2023 17:58

FCA halts work on simplified advice regime

The Financial Conduct Authority has put plans to create a simplified advice regime on hold.

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Wednesday, 30 November 2022 09:50

Cheaper and simpler advice regime planned by FCA

The FCA is set to open the door to regulated 'simplified' financial advice to make advice cheaper and more accessible.

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Wednesday, 12 February 2020 09:28

2 in 3 couples get no retirement planning advice

Nearly two out of three over-55s couples have never had retirement planning advice, according to a new survey.

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Many advisers are failing to provide pension transfer advice of an "acceptable standard" says the FCA which is to scrutinise the harm to consumers from advisers who levy ‘excessive fees and charges.’

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Thursday, 05 December 2019 17:32

FCA receives 546 error reports from MiFID II firms

A total of 546 firms have admitted making errors in their MiFID II transaction reporting to the FCA since the new regime began two years ago, according to a study out today.

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Research for IFA network Openwork has revealed growing untapped demand for financial advice.
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Monday, 18 March 2019 12:47

Record turnout at advice network roadshows

Advice network Openwork has attracted a record turnout for a nationwide series of roadshows, introducing its expanded Protection Panel, as it opens up new markets and aims to fulfil a wider range of customer needs.
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