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ABI launches upgraded pension calculator

The ABI is urging people to look at their pension as part of their New Year resolution. It is launching an upgraded version of its online pension calculator which helps people work out how much retirement income they might receive from the amounts they save.

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Standard Life joins Thinc panel in first signing

Standard Life has signed its first multi-tie deal, grabbing the final berth on Thinc Destini’s panel of five product providers. The life office is expected to announce details of further multi-tie arrangements over the next few weeks, including a distribution arrangement with a high-street bank. Prudential earlier concluded a tie-up with the IFA and a […]

Pot stuff

I understand that if I want to retire on an income of £20,000 a year, I will need to build up a pension fund of £400,000. Is that correct?It actually depends on a lot of factors and, while it may well be the case that you would need £400,000, very possibly you might need a […]

Fidelity hands out free shares after error

Investors in two Fidelity multi-manager funds have been given additional shares after a pricing error was discovered. Shareholders in the growth and income portfolios have been told that the pricing of the funds was wrong and that Fidelity has to reduce the share values in return for an increased allocation. Both funds invest in Oeics […]

Tom Baigrie on protection

By the time you read my next column, the unregulated protection market will be no more. No longer will the future of providers and distributors be left to market forces and their own efforts. >From January 15, the FSA will be the most important factor in whether a protection distributor survives or goes down and […]

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