I think someone somewhere once said in regard to the investment universe that past performance was no guarantee for the future. But when it comes to protection claims, in particular critical-illness claims, a life office’s performance of paying claims should be taken into account when recommending to a client, should it not?Early guideline documentation from the FSA suggested that both financial strength and claim history should be considered when giving protection advice.
“I’ll only marry a rich man with a tennis court who can keep me.” – Marlene Scott of Polhill.
Independent brokers doing low-volume business are being forced to use mortgage clubs by lenders, blurring the boundaries between directly authorised and appointed representatives.
I am a member of my employer’s pension scheme and will have completed 20 years’ service by retirement in August 2008. Do I need to make any arrangements to take into account the new legislation in 2006?
By Tracey Dickson, marketing consultant There are almost 7 million carers in the UK – that’s around 10 per cent of the population who provide unpaid care for a disabled, seriously ill or older loved one.1 But according to a report from the charity Carers UK, 20 per cent of people providing 50 hours or more of care […]
- Top trends
- Top trends
- Pension tax relief in firing line as Hammond mulls ‘intergenerational fairness’ Budget
- Martin Lewis wins claim against PPI chaser that used his image
- The future of Cofunds: What next for a platform titan?
- Scottish Widows mulls Standard Life corporate pensions book takeover
- Former SJP adviser jailed after gambling clients’ money
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
The number of Sipp related complaints at the Financial Ombudsman Service has continued to rise. Between July and September, 767 Sipp enquiries were received, FOS data out today shows, compared with 678 for the previous three months. Sipp complaints are now more than 50 per cent higher than they were in early 2016. 193 made […]
Three fund selectors give their views on choosing passive funds, blending, and investor suitability
The youngest ever fellow of the Personal Finance Society has moved to a new advice firm. Vito Faircloth gained the accolade last year at the age of just 22. He became level four qualified in August 2015 before taking additional exams with the professional body. Chief executive Keith Richards described the achievement as “truly remarkable”. […]