9 August 2006
Financial advisers are faced with the constant challenge of looking after their clients' needs today while thinking about what is just around the corner and how emerging trends will affect their businesses.
Youngsters could learn all they need to know at a financial boot camp
Do you believe, like Sesame, that the Government is trying to take control of advice from the private sector and effectively nationalise advice?
Altmann calls Hutton move on state second pension a dawn of realisation
Last month saw two impressive sets of figures from the fund management industry. The first highlights the growth and importance of this industry globally and domestically while the second perhaps indicates a rise in confidence among retail investors as they return to the market following a steady decline in retail sales since 2000, with 2005 starting to see signs of a recovery.
This week by Compliance Online editor (retail markets) Annie Shaw
Last weekend's excellent Radio 4 programme Inside Money highlighted the inadequate level of help and protection given to people suffering from identity theft.
Defined benefit schemes in smaller firms are on the decline with an increasing number of firms levelling down to lower cost schemes, according to a new survey by the Association of Consulting Actuaries.
The Council of Mortgage Lenders believes repossessions will soar this year because of the boom in specialist lending.
Britons working abroad may lose out on tax relief on their savings because of A-day changes, says Clerical Medical says.
Firms will use funding statements to close final-salary schemes to new members
Providers which are contemplating the implications of the Pensions Commission report would do well to study two pieces of recently published research.
Halifax or Bank of Scotland lined up but there will be no launch this year as research continues
With inflation, interest rates, economic growth and corporate activity all attracting attention - not to mention geopolitical concerns and rising commodity prices - you cannot help but wonder whether it is safe to leave the City and take that holiday with the family. Judging how markets will behave going forward has seldom been trickier.
Property as has had many attractions as an asset class - low volatility, a lack of correlation to equity markets and the ability to provide a solid, reliable stream of income.The past three years have seen another reason to invest in property - capital growth.
Nigel Thomas, who has been managing the Axa Framlington UK select opportunities fund since it was set up over three years ago, has one of the best long-term records of any UK fund manager, first at Carrington Pembroke, which was taken over by ABN Amro, and now with Axa Framlington.
Eighty six per cent of advisers think the National Pensions Savings Scheme will lead to a reduction in contributions for existing schemes, according to a Scottish Life BeeHive Poll.
In the quieter month of August when little happens in the industry and those who can head down to Cowes, it is always good news when a story appears that has people talking as they go about their daily financial services lives. Such a story relates to new mortgage lender Edeus, led by the iconic Michael Bolton, which has developed with its advertising agency a range of adverts to raise brand awareness to assist with the launch.
I have always wondered what it must be like to work in PR. A few years ago, when I first struck out in the freelance world, I was contacted by two or three lovely people who asked whether I might like to come in for a chat with them.
During the early part of this important year for pensions, much was made by the Government of the New Zealand Kiwi-Saver initiative.
Norwich Union has set off a fierce industry debate by offering 20 per cent up-front commission on regular-contribution business into its invest- ment funds.
Flexibility in the self-cert mortgage market means different things to different lenders and how much flexibility a client needs is an important point for IFAs.
If the Council of Mortgage Lenders does not think it has sufficient data for the sub-prime market, then it had better get a handle on it soon.
Scottish Life head of pensions strategy Steve Bee's warning that we are entering into a "perfect pension storm" should not be taken lightly. He believes that A-Day only accounts for a small part of the upheaval that is yet to be felt by the pension industry, with future changes set to have a much bigger impact which pose a thread and an opportunity to IFAs.
Technology funds have been something of a backwater for retail investors since the TMT crash that lost investors so much money.
Many investors are questioning whether corporate bonds are still an attractive investment, with global interest rates rising and credit spreads close to historical lows. Significant changes in the market over the last 10 to 15 years mean the answer is not as black and white as it may have been a decade ago.
I will conclude my series of articles on topical issues in pension planning by providing a summary and overview relating to the transfer of pension rights from final-salary occupational schemes.
Lifesearch head of protection strategy Kevin Carr fills a variety of roles for the company. He is the PR division, the company spokesman and he manages the media as well as sales relationships with product providers. He is also, according to some, "a rent a quote" and "overexposed".
After more than a year immersed in the glamorous world of regulation I find myself lured towards pensions, like the proverbial moth to a flame. But blinded by the light on my second day as pensions reporter, I also find myself flapping around without any juicy stories to speak of. So bear with me just this once and please pretend that painful analogy didn't happen.
With the Compensation Bill finally receiving royal assent claims chasers will have to make the most of their last few months of comparative freedom.
The English language is full of wonderful sayings such as never look a gift horse in the mouth. A free gift from the Revenue that we should quietly accept was exactly what the pension industry appeared to get in the shape of scheme pensions.
I have heard a lot about the recent changes to the rules covering placing assets under trust. I have inherited a lump sum and want to know if it makes sense to use trusts to mitigate inheritance tax.
Despite the decline in equity markets over the second quarter, we believe economic fundamentals and valuations within global markets remain very reasonable.