14 February 2007
Latest results from Legal & General’s mailing to contracted out customers show that 75 per cent have specifically chosen to remain contracted out of the State Second Pension.
Investors in a fund combining China and India could be in for a rollercoaster ride, says Helen Pow.
Royal London Asset Management has added the Ethical Bond Trust to its fixed income fund range.
AbbeyCapital Guaranteed UK Equity Bond Issue 6
This compliance consultant was an ombudsman for the regulator before he turned to the other side of training financial companies in handling complaints and fighting against unjust decisions. Interview by Paul McMillan.
In recent weeks, we have seen an excellent example of common sense break out in the market.
Managers are often justifiably criticised for making investment too complicated. Nowhere is this more valid than in the area of geographic allocation within global equity funds.
Advisers have responded to criticism over selling high-commission products but, asks Kira Nickerson, isn't it time that product providers started to focus seriously on their service to advisers??
Start advising your clients to let an expert choose their funds.
Aubrey Capital ManagementS&W Aubrey Global Conviction Fund
Axa FramlingtonAxa Talents Fund
Scottish Life has launched a petition calling on the Government to drop its proposal for auto-enrolment into Personal Accounts unless it guarantees that every pound saved in the scheme will make savers at least one pound better off than non-savers.
I would hate to be in Chris Cummings' shoes right now.
Claim companies are extending their scope.
Income protection specialist Cirencester Friendly Society’s income assured plan is an individual income protection plan available on a pure protection basis or with an investment element.
Clerical Medical has closed to new group pensions business, blaming tightening margins and lack of profitability in the sector.
Investments in gold, silver and bronze coins have been one of the best long-term investments.
This week by Money Marketing intern Sarah Hall.
Sales director Verdin says training is only way to close protection gap.
Downing Corporate Finance is looking to raise up to £20m in C shares for the generalist Electra Kingsway venture capital trust.
Newspaper campaigns are helping to raise awareness of inheritance tax.
Chris Salih analyses F&C's three-year accelerated growth plan.
The banks are worried about their future. Apparently, they fear they may soon be so strapped for cash, they will all go out of business.
My father-in-law is nearly 80 and has never, lucky man, had a mortgage in his life. He even struggled with the idea of borrowing to buy property for his engineering business so you can imagine his surprise or even shock when he got a cold call last week trying to sell him a sub-prime loan.
Friends Provident has launched a guaranteed bond that enables investors to benefit from stock market growth while guaranteeing the return of the original investment either on death or after a five year period.
The FSA has delayed announcing the results of its contracting out review while it conducts further analysis of industry data and feedback.
Hornbuckle Mitchell is calling on advisers and their clients to sign up to a Downing Street petition calling on the Prime Minister to abolish the 70 per cent ‘unauthorised payments’ tax on pension assets passed to heirs from an Alternatively Secured Pension.
HSBC InvestmentsCommercial Property Protected Plan
Alan Steel makes plea for changes to data law after replica of firm's accounts is lodged at Companies House.
Institute points to a 'natural progression' towards financial planning in the industry.
At last, the silent trade body has begun making noises, insisting it will make its voice heard and campaign for members and advisers.
Exchange traded funds are gaining popularity with some investors but how do they work?
TCF is the perfect opportunity to embrace change in the industry.
Royal Mail's announcement that it intends to close its final-salary scheme further highlights the dramatic decline of defined benefit schemes in the UK.
Lack of scrutiny means there are some real gems waiting to be unearthed in the small-cap market.
'IFAs need to be at least alerting client employers and pension scheme members to the risks of saving'
Despite the odd nervous shudder running through the market, shares have held up well to suggest that no one really believed the Bank of England was about to raise rates again last week. And it didn't.
Auto-enrolment poses significant risks to some workers.
Bill Mott has returned to day-to-day fund management alongside former Credit Suisse colleagues Ian Chimes and Graham Fuller.
Guy Anker looks at Halifax's moves towards mortgages by mobiles.
New “record” ABI figures showing a 45 per cent growth in regular premium individual pensions business have failed to impress commentators and led to renewed calls for firms to reveal net results.
Life offices are enjoying a boom in sales or are savers merely recycling old plans?
Our panel look at how to advise on means-testing and cash inducements to leave final-salary schemes.
Funding: Clerical Medical financial planning manager Steve Meredith says the timing of contributions is critical to maximise tax relief.
Headhunter sees pay rises of 20-30 per cent for managers and directors.
Friends Provident socially responsible investment marketing manager Julia Dreblow says the FSA's treating customers fairly initiative is commendable but there are still grey areas over social, ethical and environmental issues which need to be clarified.
HSBC subsidiary Marks & Spencer Money has introduced a manager of managers ethical fund to be run by the HSBC multi-manager team headed by James Hughes.
Over 6,000 advisers have now passed the Chartered Insurance Institute and Institute of Financial Services' lifetime mortgage exam.
Regulation of Sipps will bring positive benefits and should be welcomed.
Standard Life’s mutual fund sales rose by a record 339 per cent last year to £1.3bn from £293m.
Standard Life InvestmentsGlobal Reit Fund
What is the valuation basis for the 10-yearly periodic charge on term insurance policies held in trust?
The FSA is in grave danger of making advisers pay for its mistakes with the massive above-inflation increase in fees.
The Office of Fair Trading is looking for a crackdown on payment protection insurance and is being backed by many IFAs who are angry that the banks are getting away with selling poor products that do not pay out. Helen Pow reports.
An important anniversary leads to contemplation over the pension crisis.
The Liberal Democrats have released research showing that the top 300 civil servants have combined pensions worth £250 million.
Legal & General wants regulator to crack down using its wide powers.
Paul McMillan finds industry figures divided on the need for a new trade body for all advisers.
West Bromwich Building SocietyBuy-To-Let Two-Year Fixed