Wearable technology is already in use but the pace at which it is developing will lead to a transformation of the protection market.
Pensions minister should also look at tax-free lump sum benefits.
There was a time when I was not very popular with the great and good of the pensions industry.
Provider says a shared cost model between employer and member avoids disparity between members.
Huge discrepancies highlight the “utterly confusing world which consumers have been ushered into”.
The FCA’s inducement rules risk making product providers withdraw a lot of their training support and make it harder for providers and distributors to work together to make a better industry.
The Budget reforms are good for financial advice but the business needs a period of calm to let all the recent changes bed in.
This could end up as a judicial review as some major players seek to protect their status
Higher revenues are tied to a percentage of assets charging structure.
Advisers need to ensure they are meeting their clients’ demands when it comes to communicating and interacting and increasingly this means using the latest technology.
Regulators and politicians trying to play to consumer interests just end up making access to financial services worse
Advisers should be aspiring to deliver the best possible clarity on fees
The Aberdeen Latin American Equity fund’s performance suffered last year due to its exposure to Brazil but the manager used this as a buying opportunity and it is well placed to benefit from long-term growth.
Not so long ago pundits were predicting the end of the cult of equities as baby-boomers moved into retirement but the Budget pensions changes mean many people will remain invested into retirement.
The charge cap is good news for pension savers but a failure to get employers to engage with auto-enrolment is putting the whole project at risk.
Last year saw offshore bonds written on platforms double and they are likely to account for 50% of sales by the end of 2015.
There is still confusion over what is and what is not independent.
The Budget should encourage a much more favourable view of long-term saving and by blending protection products with investment we have a chance to offer real innovation that will benefit consumers.
The challenge is finding a way of explaining the complex options for many people who still want an income in retirement.
After looking at our business numbers, we realised something has to change.
The abolition of double stamp duty for UK-domiciled funds is long overdue and will help level the playing field.
New Class 3A National Insurance contributions appear to be odds with Government’s annuities claims.
It would be unreasonable and counter-productive to prevent pension companies from speaking to savers.
The insurance sector has taken something of a hammering during the last few weeks.
The furore over the FCA review of zombie fund charges is a red herring, the real issues is the appalling standards of service.
If an adviser cannot answer client questions on costs, perhaps they are in the wrong job.
Too much of this was agreed right at the finish, when the process is at its most opaque.
The service won’t be free, may not be impartial, probably won’t be face-to-face and definitely won’t be advice.
Are ABI members really “at war” with each other over the issue of how to deliver face-to-face “guidance guarantee”?
Following the Budget pension changes, advisers need to be careful that clients that opt to take their entire pension fund in cash cannot come back in later years to complain they were poorly advised.
A small percentage of the FCA’s annual fines could pay for dedicated, specialist and professional advice for everyone at the point of retirement
Gold has rallied slightly in recent weeks on the back of the Ukraine crisis while equity markets look positive but fragile as we wait for a political resolution
Given the extent of network liabilities, it is surprising Tenet’s long-stop petition has so far failed to reach 10,000 signatures.
A Government initiative to improve competition could be extended to financial services and could prove a real benefit in helping advisers with pension and investment transfers
If someone asks what I do, I say that I’m a financial planner.
Budget pension changes, charge cap and the closed book review all add up to a month to forget for providers.
A lifetime working as a coal miner left my father with little time for petty regulations. We should follow his example and ensure it is an industry to aspire to, rather than one strangled in red tape.
We have seen the good, the bad and the ugly of pensions policy in recent weeks.
Welcome to the new-look Money Marketing. You may have noticed a few changes.
Otto Thoresen is an angry man. Or at least, he is a determined man