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ABI pledge to tsunami victims

The ABI has pledged that loss of life claims resulting from the Asian tsunami will be handled quickly and sensitively. The Association of British Insurers said that firms understand the nature of the disaster meant that normal certification of death may be difficult to obtain. It will take into account individual circumstances when dealing with claims arising from the tsunami.

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Fine line for bond firms

The with-profits bond has taken its fair share of criticism but negative publicity for the product stepped up a notch recently after Bradford & Bingley was hit with a fine for widespread misselling both of with-profits and precipice bonds. B&B was hit with a fine of £650,000 and has had to set aside £6m to […]

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Do you think the misselling of with-profits bonds is widespread?

F&C unveils suite of CTFs

F&C Asset Management will offer a choice of up to six investment trusts, including the flagship Foreign & Colonial Investment Trust within its child trust fund wrapper. The F&C FTSE All Share Index fund will be the group’s stakeholder option and monthly savings from 25 are accepted and from 300 lump sum.

Pension edge: John Lawson

When looking to protect tax-free cash, it should be remembered that clients will want the greatest investment flexibility available in 2006 at a competitive cost. This exposes the weakness of transferring to a self-invested section 32 policy now.

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