This website is for journalists and the media only.
Launched in February 2007, Panacea Adviser (Panacea) is a unique and free resource that supports financial advisers, mortgage brokers and paraplanners by providing free online access to the very latest tools, calculators, research, educational support and business development ideas from product providers and support services all in one place.
The site has established an active community where advisers, paraplanners, brokers and providers alike can engage in debates and discussions affecting their business, where concerns are voiced and the necessary support provided - all for free.
For any media enquiries or comment, contact Derek Bradley, CEO on 0191 206 4030 or email derekbradley@PanaceaAdviser.com.
A fourth way to fund regulation?
First of all Panacea followers, this is our 1,000th Bento. Given this landmark status, I felt that it should contain something special, and with that in mind, I would like to make a heartfelt suggestion or two about how the regulation and protections in the financial services industry could be re-engineered, for in regulatory parlance, better regulated firm and consumer outcomes. ...more >
January 22, 2019
Go immediately to jail, do not pass go
On day two of 2019 yet another IFA has been jailed for fraud. Neil Bartlett, 53, of Delamere Road, Ainsdale, used £4.5m of his victims’ money to fund some of the usual, favoured by all fraudsters, indulgencies of foreign travel, top hotels, prostitutes, exotic cars, boats and gambling. ...more >
January 7, 2019
FOS cunning plan to destroy smaller IFA firms.
The Financial Ombudsman service announced, on the 16th October, it was proposing that on 1 April 2019, yes, now just 4 months away, “the ombudsman service’s £150,000 award limit should increase by 133% to: • £350,000 for complaints about acts or omissions by firms on or after 1 April 2019 • £160,000 for complaints about acts or omissions by firms before 1 April 2019, and which are referred to the ombudsman service after that date They also propose that, from 1 April 2020 onwards, both award limits should be automatically adjusted on 1 April to ensure they keep pace with inflation, as measured by the Consumer Prices Index (CPI). For any complaints referred to the ombudsman service before 1 April 2019 the limit will remain at £150,000”. ...more >
November 9, 2018
FCA suggests clear out of sales dinosaurs
Arthur’s thought for the day: "You make contact with your customer. Understand their needs. And then flog them something they could well do without.” I think this may be what one senior figure at the FCA’s perception of financial services sales ‘persons’ is? ...more >
October 29, 2018
Defaqto announced as latest partner for Panacea Adviser
Panacea Adviser has today announced Defaqto as the latest parter to join its growing roster. ...more >
October 23, 2018