UK - Responsibility for shaping the IFA market will be with the industry and not the regulator, the Association of Independent Financial Advisers says.
In its response to the FSA consultation on polarisation, the IFA trade body added that the regulator should be “much more proactive” in specifying what controls need to be in place to avoid mis-selling scandals.
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.