17 March 2011
Laith Khalaf says the Hutton report is just the starting point for pension reform.
Lifesearch’s Matt Morris says the industry needs to make sure people have faith in the products on offer.
Lord Hutton has provided the Government with a fair and sustainable set of proposals for public sector pension reform.
Nic Cicutti says introducing a product levy to pay for compensation claims would send a message that misselling and failure are inevitable.
Tony Byrne says it is about time pricing power swung back to advisers and their clients.
L&G’s Ben Thompson says mortgage regulation, funding and lack of competition look set to create societal shifts.
Warning that whole industry could pay if the Treasury calls in an £18bn loan paid to cover the cost of the banking crisis.
Ageas Protect says the business will continue to pay indemnity commission despite suffering a £5.6m charge following the liquidation of a subsidiary of Click
Artemis UK growth fund manager Tim Steer has begun to invest more of his portfolio in domestic earners.
Proposals for a European financial transaction tax have little chance of being introduced, says Labour MEP Peter Skinner.
Treasury financial secretary tells ABI delegates Government lobbying continues over “outstanding issues” in EU directive.
James Hay is embroiled in a dispute with IFA firm Bryden Johnson after calculation errors meant the provider overstated a client’s pension by £100,000.
Chief executive Tim Breedon says the insurer remains “confident” about UK growth prospects.
Labour says forthcoming Parliamentary scrutiny of financial regulation is the “perfect opportunity” to review FSCS.
Philip J Milton & Company is introducing a 2 per cent client fee to cover regulatory costs following the huge hike in FSCS costs.
The Government must clarify details of the flat-rate pension before auto-enrolment starts or advisers could be at risk of misselling, according to Work and Pension select committee chair Anne Begg.
Chancellor George Osborne is set to renege on a pre-election commitment to offer new MPs to a defined-contribution pension in light of Lord Hutton’s recommendations.
“What does it feel like to be in charge of the sweetie shop?”
The Pensions Regulator is outsourcing the bulk of its employer enforcement obligations ahead of the 2012 automatic enrolment reforms.
Positive Solutions has appointed former Burns-Anderson director Peter Coleman to the newly created position of commercial director.
Rachael Adams reports on reaction to the European Court ruling banning the use of gender in pricing insurance
MM protection panel discuss implications of Government welfare reform, the ABI’s redefinition of total permanent disability and the recent move to ban gender pricing
Regulatory Legal has negotiated down the FSCS’s costs for fighting the Keydata judicial review from more than £300,000 to £210,000.
Treasury select committee member David Ruffley says savers who chased high returns from Icelandic banks are “morons” who “should have known better”.