Strange goings on at the ABI summer party last week when mid-bash an ABI-branded cake was produced to the bemusement of onlookers. Director general Stephen Haddrill cut a hefty slice before the party resumed. The cake was to celebrate it being 20 years old but there was no announcements to this effect. What a lost opportunity – they could have had a joint bash with those other members of the class of ’85, MM and Jupiter.
The Association of British Insurer’s consultation on clarity for protection application forms has received app-roval from independent adv-isers and providers. The draft guidelines from the ABI are intended to imp-rove clarity of wordings and warnings on insurance applications to enable better disclosure and reduce contes- ted claims. Some of the major chan- ges recommended to […]
The best deferred Sipp is a stakeholder pension and the current spate of deferred Sipp launches are just marketing ploys, says pension specialist Richard Jacobs. Jacobs, director of Richard Jacobs Pension & Trustee Services, says Standard Life and Legal & General’s forthcoming individual deferred Sipp laun-ches offer little more than stakeholder for the majority of […]
It has been estimated that age discrimination costs the UK economy upwards of 31bn a year. Stereotypes about age are part of the culture in many offices. For older workers, these unfair and unjust prejudices mean they can struggle to get a new job, get training or be awarded a promotion and are often forced […]
The Scottish Widows guaranteed investment bond is a FTSE 100-linked guaranteed equity bond with a term of five years and six months.
Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.
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HM Revenue & Customs has published guidance on how new income tax bands in Scotland will affect pension schemes and their members. The note is a response to the Scottish Government’s confirmation it will introduce five income tax bands for 2018/19. Pension savers in Scotland currently receive pension tax relief at their marginal rate but […]
SimplyBiz Group is considering an initial public offering of £150m on the London Stock Exchange. According to a Reuters report, the potential float could value the company between £140m and £155m and is expected to raise £30m of new money. SimplyBiz joint group chief executive Matt Timmins confirms the business has recently appointed Zeus Capital as […]
Brewin Dolphin has been ranked the preferred DFM in a Money Marketing survey of advisers and paraplanners, well ahead of the next most favoured, Quilter Cheviot. Thirty-three per cent of respondents listed the business as their preferred DFM, followed by 10.2 per cent responding in favour of Quilter Cheviot. LGT Vestra, Brooks Macdonald and Parmenion […]