Money Marketing
26 December 2007
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1.2M fine for Norwich Union Life
1 Jan 2008
The FSA has fined Norwich Union 1.26 million for not having effective systems and controls in place to protect customers' confidential information and manage its financial crime risks.
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A growing problem
1 Jan 2008
While many companies now recognise the dangers of stress to their workforces, few seem to be aware of the scale of problems posed by obesity among staff, reports Nick Golding
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A personal account
1 Jan 2008
Tim Robinson, chief executive of Xafinity, wants Personal Accounts to succeed. The self-confessed techie tells Helen Monks how his company can help
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A suitable sacrifice
1 Jan 2008
Pensions experts are warning that strong suitability checks are required for salary sacrifice where employers keep NI contributions, John Greenwood reports
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And now the good news
1 Jan 2008
While few people are predicting that the economy will be as bullish as over the past five years, all is not doom and gloom on the economic front
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Commission crunch time
1 Jan 2008
As the FSA sifts through the responses to one of the most controversial reviews of the financial advice sector ever, James Salmon looks at what the RDR could hold for corporate advisers
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Companies not measuring pensions
1 Jan 2008
UK companies spend billions on pensions every year, but never monitor whether this money is well spent, according to new research.
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Consumers support generic financial advice says Treasury report
1 Jan 2008
Consumers have shown widespread support for a generic financial advice pilot says the Treasury.
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Default to the winner
1 Jan 2008
This month Corporate Adviser wants you, the advisers who actually choose default funds, to vote for the one you think best meets the needs of an average workforce. John Greenwood checks adviser opinion on what a default should look like.
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Fidelity targets corporate IFAs
1 Jan 2008
Fidelity International's defined contribution pensions business is set to target SME business through IFAs for the first time.
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Future cruel
1 Jan 2008
The Pensions Bill's publication leaves many questions unanswered. James Phillipps finds that what has been clarified is not all good for advisers
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Government timetable too ambitious, say critics
1 Jan 2008
The Government's timetable to introduce Personal Accounts in 2012 is too ambitious and the implementation date is likely to be postponed by at least a year, according to leading pensions experts.
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IMA blows cold on tiered advice proposals
1 Jan 2008
The Investment Management Association has attacked the FSA's proposal for layered advice as likely to lead to 'perverse outcomes' because it will only confuse the public. In its response to the FSA's discussion paper on the Retail Distribution Review the IMA questions the need formally to separate professional financial planners and general financial planners.
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L&G offers cash for new business
1 Jan 2008
Legal & General is aiming to stimulate adviser interest in virgin group income protection business by offering extra cash for intermediaries targeting fresh clients.
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Many happy returns?
1 Jan 2008
UK real estate investment trusts are coming up for their first birthday. Sonia Speedy asks whether they are bringing many happy returns
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Mercer offers savings/pension hybrid
1 Jan 2008
Mercer has developed what it describes as an innovative approach to savings that enables employees to distribute their combined employer and employee pension contributions between their pension plan and a general savings plan.
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Norgrove to continue in TPR chair
1 Jan 2008
David Norgrove is to continue in his role as chairman of the Pensions Regulator for a further three years.
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NU Healthcare offers enhanced protection
1 Jan 2008
Norwich Union Healthcare has introduced an enhanced service on its group income protection policies held by large corporate clients.
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Ombudsman warning to trustees and employers on final salary schemes
1 Jan 2008
Trustees and employers of final salary schemes with a money purchase section have been warned by the regulator to ensure their rules adequately protect DC members following a recent Pensions Ombudsman decision.
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Parting gifts
1 Jan 2008
Staff leaving group healthcare schemes can be an attractive source of new business, says Sam Barrett
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Planning to get Personal
1 Jan 2008
The Personal Accounts agenda is not negative for pensions professionals says Iain Oliver, head of pensions at Norwich Union
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Russian classes
1 Jan 2008
Each month we bring you the opinions of the managers of the funds most likely to be selected for pension portfolios through external fund links or Sipps. This month - robin geffen's neptune russia & greater russia fund
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Senior executives' retirement benefits converge with other staff
1 Jan 2008
Retirement benefits for the majority of senior executives are converging with those of other staff, according to the first annual executive retirement benefits survey by Xafinity Consulting.
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Shamed by the unions
1 Jan 2008
It should be a source of shame that the challenge of a universal pension aggregation tool has been picked up by the TUC rather than by the industry, says Ian McKenna, director of the Financial Technology Research Centre
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'Stripped' pensioners covered after Govt climbdown
1 Jan 2008
After a bitter five and a half year campaign led by Dr Ros Altmann the Government has finally agreed to compensate 140,000 people who lost savings when their employer-sponsored pension schemes collapsed.
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Unum improves CI product range
1 Jan 2008
Unum has unveiled a number of changes to its group and voluntary critical Illness (CI) products, including improvements to its automatic entry limit, an extension to its temporary cover provision and an extension of the definition of a 'partner' for voluntary critical Illness cover.
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Welcome for Sipp liberation
1 Jan 2008
Providers and intermediaries have welcomed the Department for Work and Pensions' decision to remove the existing restrictions preventing Sipps from holding protected rights.
