Tuesday, February 15, 2011

IFAs in move to meet FSA deadline. - Money Management | HighBeam Research - FREE trial

Byline: Paul Miller

Sales of pension switching advice software increases following review

Providers of pension advice software have seen increases in demand for their products in 2009 in response to the FSA's review of pension switching.

This news follows on the heels of the FSA's December 2008 report 'Quality of advice on pension switching'. To re-enforce this report - following written communication and support workshops - the authority proposed to review a number of firms to ensure that any pension switches being recommended were compliant with their regulations.

O&M Systems, which markets Pensions Profiler, a program that assists advisers …
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9 comments:

  1. puppymeeApril 6, 2011 at 7:03 PM

    Why pay for it when you can get it free through websites offering free pension calculators?

    ReplyDelete
  2. samuellesamsonApril 6, 2011 at 10:50 PM

    Sales increases afer pension advice software are reviewed - not surprising.

    ReplyDelete
  3. kiammykhenApril 7, 2011 at 10:05 PM

    Are those pension advice programs even reliable?

    ReplyDelete
  4. janettejinApril 8, 2011 at 1:42 AM

    Authorities and government agencies should strictly keep watch of the related firms to make sure that pension switches they recommend comply with regulations.

    ReplyDelete
  5. zhairatsiangApril 10, 2011 at 9:17 PM

    I tend to agree with that.

    ReplyDelete
  6. chachamuelApril 11, 2011 at 1:16 AM

    I've known this months ago; this is stale news, if you will.

    ReplyDelete
  7. chrysmaineApril 11, 2011 at 9:01 PM

    Prolly another one of their marketing strategies to get people to buy their services.

    ReplyDelete
  8. kristinacareyApril 12, 2011 at 12:02 AM

    Yeah, saying they've increased sales just to hype people.

    ReplyDelete
  9. chewyshewApril 13, 2011 at 6:41 AM

    It's also possible that their sales did increase, you know.

    ReplyDelete

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