View more on these topics

Abbey National restructures as it loses nearly £1bn

Abbey National has described its 2002 results as “extremely unsatisfactory” as it turns its back on recent expansions to concentrate on direct and intermediary retail financial services.

The company says it has lost £984m before tax, due to problems with its life companies and wholesale banking divisions.

Recommended

Mutual trends

Mortgages plc is not shy about describing itself as “punching well above its weight” and being able to take on the likes of GMAC-RFC, the biggest operator in the non-conforming sector.Launched in 1998 and aiming at borrowers who fall outside mainstream lending criteria, Mortgages plc says it keeps its profile high and increases its volumes […]

Split probe shakes IFAs&#39 faith in trusts

The Treasury select committee split-cap inquiry has not only scared advisers from recommending split caps but has also weakened their confidence in the investment trust sector as a whole, according to latest research.The annual Money Marketing/One Account State of the IFA Nation poll reveals that 80 per cent of IFAs questioned said they were now […]

Seller&#39s packs could be delayed by looming conflict

The threat of war with Iraq could delay the Government&#39s timetable for seller&#39s packs due to be reintroduced to Parliament in March under the Housing Bill, warns Legal & General.Director (housing marketing) Stephen Smith believes it will be difficult for the Government to meet its commitment in last November&#39s Queen&#39s Speech that the bill will […]

Talkback

“It would only work on the assumption that clients are well informed but I don&#39t think they are. Nine times out of 10, even the reasons-why letter goes over their head.” Dennis Taylor, Dennis Taylor Financial Services “No. The majority of consumers know nothing about mortgages and there are a lot of products on the […]

Guide

Guide: day-to-day tasks ​— can your system manage?

This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. As well as highlighting what is required from a system to ensure it is up to the tasks, an overview of the following is also provided: data validation; data categorisation; employee communication; opt-in process; opt-out process; produce contribution schedule; contribution reconciliation process; upload of member data to pension provider; upload contribution to pension provider; manage salary sacrifice process; enrolment process; re-enrolment process; and management of increased employee queries.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com