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Weekly Updates

John Lappin

Our Industry Commentator with his top news links each week.

Industry News

Featured

FCA is seriously going for growth

View

Featured

Amber River up for sale among big shifts for consolidators

View

17 May 2020

An upsetting Zoom incident may give advisers pause for thought

11 May 2020

Advisers ponder end of the lockdown

03 May 2020

Crisis sparks recruitment drive for one national IFA

27 April 2020

Another minibond outfit bites the dust

18 April 2020

The lockdown takes its economic toll as big support firm furloughs 100 staff

The UK economy could contract by 35 per cent in this quarter according to the Office for Budget Responsibility.

13 April 2020

UK dividends slumping amid cancelled payments

05 April 2020

Bank dividends suspended but will there be a standoff with insurers?

The Bank of England’s Prudential Regulatory Authority effectively orders banks not to pay a dividend and indeed around £8bn will not be paid.

03 April 2020

To Skype or not to Skype - IFAs debate crisis measures as markets fall

A tough week that may turn into a very tough month though advisers will be hoping that the market bounces back.

03 April 2020

Advisers telling clients to look through market noise

It feels as if volatile markets really cannot get a handle on what the Covid-19 virus means for the economy and for share values.

29 March 2020

Help for self-employed but is it enough?

Chancellor Rishi Sunak announced that the self-employed people struggling because of the coronavirus pandemic will be paid 80 per cent of profits, up to £2,500 a month.

22 March 2020

Big help for businesses as advisers urged to show their worth

The Chancellor Rishi Sunak has effectively had three bites of the cherry in terms of his Budget.

01 March 2020

PIMFA makes a thoroughly argued case for FSCS reform

PIMFA chief Liz Field has outlined the huge financial challenges which the current structure of the FSCS means for the adviser sector.

23 February 2020

Pensions tax relief is reprieved

The Chancellor of the Exchequer Rishi Sunak has apparently shelved plans to cut back pension tax relief, though of course there was no official indication that he ever had plans to do so, only background briefings.

16 February 2020

Mixed fortunes in bid for FSCS reform

It has been an interesting week for the debate regarding the compensation scheme – a campaign prompted by a letter from David Penney.

09 February 2020

Higher rate tax relief back in government sights

There is fierce media speculation including in the Financial Times that the government may well turn its attention to higher rate tax relief in the Budget. There is also discussion of a wealth tax which may leave some Conservative voters raising an eyebrow and asking who they voted for?

02 February 2020

FCA scrutinising the 1trillion unit linked market

The FCA has visited ten insurance companies asking about their supervision of unit-linked funds. It particularly wants to understand how governance is being applied including when it comes to costs as FTAdviser reports.

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