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£1.2bn of benefits left unclaimed

More than £1.2bn of pensioner benefits is lying unclaimed because up to 3m pensioners are not claiming all the state benefits they are entitled to, according to new research from Prudential. It says pensioners could be missing out on £127 a year by not claiming the three main benefits – income support, housing benefit and council tax benefit. Around 43 per cent of people say they are not sure of the eligibility for benefits, 23 per cent are not aware of entitled benefits and 18 per cent said the process is too complicated.


Outside edge – Michael Owen

Some of us hark back to the long hot summers of yesteryear and we remember fondly those glorious Pep/ Isa seasons when IFAs would deliver applications to hotels. Alas, there will be no pictures of helicopters delivering Isa applications this time round.The Investment Management Association reports Isa sales are down by 40 per cent in […]

Fear over providers investing in IFAs

Almost 70 per cent of IFAs believe that providers investing in IFA firms will compromise the independent status of those businesses, according to a study by George Street Research.Of the 204 companies surveyed in the research conducted exclusively for Money Marketing, only 19 say the image of independence will not be damaged by providers investing […]

First State appoints new head of marketing

First State Investments has appointed John Harte, 37, as its head of marketing and communications. Harte will report directly to chief executive Rob Adams and will be a member of the company&#39s executive committee. He was previously head of retail business at Capital International and head of European retail and institutional marketing Schroders.

Insurance protects investors&#39 estates

Rothschild Asset Management is adding a new life insurance feature to its wealth management service to protect an investor&#39s estate from the effect of falling stockmarkets.The Five Arrows Protected Wealth Management Service provides insurance cover to protect clients&#39 beneficiaries by guaranteeing a protected value of the fund in the event of death.The protected value is […]

State of the markets: global growth

In conversation with journalist Alexis Xydias, Artemis Global Growth Fund manager Peter Saacke discusses the state of global markets and how he is positioning his fund. Peter gives his views on the growth potential of US, Europe and emerging markets, each of which is on a different stage of the road to recovery. And with a […]


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