The idea is laughable, but that is the analogy drawn by many genuinely independent financial advisers (IFAs) and planners when they compare themselves with thousands of ‘pseudo advisers’ employed by banks or other firms selling financial products.
The world of financial advice is changing.
The Financial Services Authority is reviewing how advisers - or salesmen […]
The hardline stance follows a decision last Thursday by the Court of Appeal to dismiss the banks’ plea over a High Court verdict on the controversial account charges.
It was a victory for customers who have argued that the fines for accidentally slipping into the red were excessive and unfair.
But within moments of the ruling, […]
The pay cuts are expected to come from a shift to ’short working’ as businesses reduce the working week because of low demand.
The situation has echoes of the three-day week of the 1970s, which was triggered by power shortages linked to the miners’ strike.
The problems for the private sector are in stark contrast to […]
Labour’s deputy leader caused consternation at the Treasury by declaring that the former Royal Bank of Scotland chief will not get the money even if he is entitled to it in law.
That was seen as a clear indication that the Government is ready to pass a special Act of Parliament to strip Sir Fred […]
© 2008 Daily Financial News