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A bit of a do as Qifs put on style

Guernsey Finance has introduced its evolutionary QIFs (pronounced, clearly, quiffs) in order to speed up their fund approval process.

Residents of the “thinking man’s” Channel Island (their words, not the Diary’s) must be eagerly anticipating the advent of quiffs becoming mandatory to follow suit.Guernsey might then become known as the “coiffure-appreciating man’s” Channel Island. The thought of a load of fund managers sporting Travolta-style ’dos would be far too great a sight to miss – their fund business would surely skyrocket.

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On the level

Hargreaves Lans-down pensions research manager Tom McPhail says the company’s research shows that a worrying 80-90 per cent of investors choose level annuities over increasing annuities which could prove a catastrophe in the face of prolonged high inflation.

9 October thumbnail

Johnson Fleming set to host webinar on auditing auto-enrolment schemes

With 23 auto-enrolment compliance notices issued by the Pensions Regulator, and an evolving legislative landscape meaning previously compliant schemes may now be in breach of regulation, now is the time to think about auditing your auto-enrolment scheme. Johnson Fleming is hosting a webinar on 9 October at 11:00 on how to audit your scheme to ensure compliance, avoid breaches and fines and overcome data issues.

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