Age Partnership, a retirement services adviser, has raised concern for equity release customers over the marketing of Property Protection Trusts.
Government must work with financial services to ensure housing equity can be released "without excessive charges or risk" and improve consumer confidence, a House of Lords committee has urged.
The government is ‘woefully underprepared' for the impact a rapidly ageing population will have on society and public services, a Lords Committee has warned.
Nottingham-based advisory firm Investment Sense has launched a web service that enables advisers and consumers to rate their Self Invested Personal Pension (SIPP) purchases.
TailorMade, a UK distributor of investments in Harlequin Property, has said it stopped taking new money into the overseas property scheme in January following a Financial Services Authority (FSA) alert about Harlequin.
An online tool to promote local whole of market advice for annuity purchase has been launched by an IFA.
There could be 1.5 million self-invested personal pensions (SIPPs) by 2018 despite FSA regulation potentially contracting the number of providers in the market, according to John Moret.
The number of advising staff working in financial advice firms fell 9% last year, according to figures put together for the Association of Professional Financial Advisers (APFA).