SCM Direct’s Gina Miller says that trade bodies are failing over Brexit particularly in not understanding that hard Brexit means no passport.
Cue much debate. In terms of IFA bodies, it does feel like a poison chalice given that many advisers are split on the biggest issue of the day as are clients.
Money Marketing asks whether the NIC U-turn has killed of pensions for the self-employed.
The ABI has defended plans for multiple pension dashboards rather than a single one – it says the project was always intended to provide the plumping not the face. This way will promote competition.
The FCA gives its view on what advisers need to know about non-dom property rules.
Matthew Pitcher, a former Towry partner, has set up his own wealth manager, Altor Wealth Management.
Square Mile’s Richard Romer-Lee says he agrees with much of the asset management review given it is seeking better outcomes for consumers but he has concerns about some of the generalisations about active and passive funds.
The Asset Based Finance Association, British Bankers’ Association, Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and the UK Cards Association are to be known collectively as UK Finance. Doesn’t do it for me, then again, how can you summarise all these activities in two words.
A big rise in the state pension age looks to be on the cards as both GAD and the review by John Cridland suggest pension age rises though GAD wants it to rise to 70. Ros Altmann is upset that early access appears to have been discounted by the Cridland review.