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  • TISA urges FCA to avoid unnecessary SIPP red-tape

    The Investing and Saving Alliance (TISA) has today urged the FCA to ensure stronger SIPP protections do not add unnecessary regulatory complexity.

  • FCA disclosure proposals risk confusing investors warns PIMFA

    FCA proposals to simplify investment disclosure could see consumers overwhelmed with too much information and complex explanations, according to wealth management trade association PIMFA.

  • 600 attend PIMFA Women’s Symposium

    Over 600 delegates and 95 speakers attended the third PIMFA Women’s Symposium at London’s Excel centre.

  • Advisers cast doubt over impact of ISA reforms

    Just 7% of advisers and wealth managers think that the Government’s decision to cut the Cash ISA allowance will encourage savers to become investors, according to a new report.

  • 63% of wealth managers have no plans to offer Targeted Support

    Almost two-thirds of wealth management and financial advice firms (63%) do not currently plan to offer Targeted Support.

  • Advisers welcome cut to ongoing review requirements

    Financial advice firms have welcomed the FCA’s proposal to remove the annual review requirement for advisers providing ongoing pensions and investment services.

  • FOS reforms set to return it to its original role

    The Financial Ombudsman Service (FOS) is to return to its original role as a fast, impartial complaints body under landmark reforms announced today by the Treasury.

  • Former MP and CMA chair to take helm at PIMFA

    Lord Andrew Tyrie has been appointed as the new chairman of wealth management association PIMFA.

  • PIMFA voices concern over FOS reform proposals

    Wealth management trade association PIMFA has voiced concerns about the effectiveness of the Treasury’s proposed reforms for the Financial Ombudsman Service.

  • Regulatory red-tape hitting financial advice: PIMFA

    The cumulative impact of regulatory change is diverting time and resources away from other priorities, according to a new survey of members of wealth management trade association PIMFA.

  • 4 in 5 advisers report increased compliance costs

    Four in five (79%) financial advisers and wealth managers have seen an increase in compliance expenditure over the past year, according to a new report.

  • PIMFA calls for action over pension withdrawals surge

    Wealth manager trade body PIMFA has called for a clear tax road map to stem the tide of people accessing their tax-free pension cash because of speculation and headlines.

  • Framework for IHT on pensions unworkable says PIMFA

    Wealth management trade association PIMFA has warned that draft inheritance tax reforms are unworkable in their current form.

  • New fraud law targets firms and employees

    A new corporate criminal offence of 'failure to prevent fraud' comes into effect today and will hold large organisations to account if they profit from fraud.

  • PIMFA calls for clarity over Targeted Support

    Wealth manager trade body PIMFA has called for clarity in key areas over the FCA’s Targeted Support proposals to ensure the regime delivers on its aims and avoids consumer confusion.

  • Mansion House reforms welcomed by Financial Planners

    Chancellor Rachel Reeves’ raft of financial services reforms announced in her Mansion House speech last week have provoked a range of reactions from the financial services sector.

  • PIMFA calls for reform of Financial Ombudsman Service

    Wealth manager trade body PIMFA has called on the Chancellor to reform The Financial Ombudsman Service (FOS) ahead of tomorrow’s (15 March) Mansion House speech 

  • PIMFA warns that FCA plans could ‘create confusion’

    Wealth manager trade body PIMFA has warned that the FCA’s intention to improve consumer outcomes and promote transparency on Consumer Composite Investments (CCIs) could do the opposite.

  • PIMFA welcomes new FCA investment regime plans

    Wealth management trade body PIMFA has welcomed plans announced by the FCA this week to establish a new regime for Consumer Composite Investments (CCIs) which could affect up to 12.6m UK investors.

  • PIMFA seeks entries for diversity awards

    Wealth management trade association PIMFA has invited entries for its fifth Diversity & Inclusion Awards.

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