View more on these topics

Advice could be built into stakeholder pension charges

Stakeholder pension provider could be allowed to exceed the 1 per cent annual management charge according to a report in today&#39s Financial Times.


The paper says providers will be able to charge a higher fee if the product includes detailed advice. The charge will take the form of an upfront fee.


The FT says the stakeholder pension consultation papers, due out today will confirm that schemes will be regulated by the Occupational Pensions Regulatory Authority.


It is also expected to propose that schemes be run by &#39stakeholder managers&#39 as an alternative to trustees.

Recommended

CD-Rom looks at portfolios

Keydata is to release a themed interactive CD-Rom focus ing on portfoliomanagement services.IFAs say it is difficult to track performance following Autif&#39s decisionto drop the fund of funds sector from its classifications.The CD-Rom will include video presentations from Gartmore, HendersonInvestors, Lazard, ABN-Amro, Martin Currie and Henry Cooke.Keydata launched its first CD-Rom in February and distributes […]

Canada Life sales driven by IFAs

IFAs sales have soared in the first six months of the year according to Canada Life.Announcing its new business figures for the first half of the year, the life office says equivalent premium income is up 16.6 per cent on the same period last year to £65.3m from £56.2m.Sales through IFAs rose 29.8 per cent […]

Reshuffle spells new order for financial services

Yesterdays Government reshuffle spelt all change again for the financial services industry.Among the newcomers is Blair babe Melanie Johnson who takes over from Patricia Hewitt as Treasury economic secretary.After just one year in the job as Hewitt moves to the Department of Trade and Industry as minister of state. She is joined at the DTI […]

DBS announces results

The UK&#39s largest network DBS has almost tripled its profits in the last tax year freed from the burden of pension review costs which restricted the previous year&#39s results.Profits before taxation in the year ending March 31 1999 were £7.4m compared with £2.6m the year before after costs are extracted.But if these exceptional items are […]

Flexible reversionary trusts and estate planning

The suitability of different estate planning solutions will depend on the individual’s own circumstances, needs and objectives. When considering the different solutions available there is a trade-off between inheritance tax (IHT) efficiency and access. Overall a flexible reversionary trust provides a greater level of flexibility than a discounted gift trust and can offer individuals a […]

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