The ABI is urging the Government to be cautious in introducing codes of best practice for pension fund investment as proposed in the recent Myners Report on Institutional Investment in the UK. It argues proposals could have unintended consequences which could harm the interests of pension fund members and increase their costs.
The general public have a complicated relationship with genetic science.On the one hand, it is believed to herald a new generation of childrenwithout health problems and smart cures for existing health problems whileits darker side brings fears of mutant clones and Big Brother medical tests. For the present, the widely reported advances in genetic testing,including […]
Legal & General's mortgage club is offering a flexible self-certification tracker mortgage which waives the usual £325 application fee until June 30.The interest rate tracks bank base rate plus 0.98 per cent for the life of the mortgage. The current rate is 6.23 per cent, and loans are available up to 85 per cent loan […]
Smile's mini cash Isa received the most positive mentions across the media over the Isa season, according to a survey published by Presswatch.Fidelity received most positive mentions by product and most IFA recommendations, while Aberdeen's Tech Fund received the highest number of mentions by product, during the period January 1 to April 6.The product receiving […]
Thursday, 17 May 2001.Type: Split-cap investment trust.Aim: Income and growth linked to a basket of 30 stocks.Minimum investment: £7,000.Maximum investment: No maximum.Investment split: 100 per cent linked to a basket of 30 stocks.Types of share: Icome shares, zero-dividend preference shares.Isa link: Yes.Pep transfers: Yes.Redemption date: None.Charges: None.Commission: Initial 3 per cent.Tel: 08457 405405.
Quoting the famous adage, prevention is better than cure; there are many proactive benefits that can improve wellness in the workplace, decrease stress, increase staff morale and reduce absenteeism, as well as attracting and retaining employees of a higher standard. With a recent study showing that employees in Britain are working below peak productivity, preventative benefits can ensure you address potential health issues or causes of stress at their source and ensure productivity in the workplace remains at an optimum level. With this in mind, how are you using preventative benefits to help keep your workforce happy and healthy?
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]