The Retirement Strategy data pages are designed to offer a wide ranging view of the current annuity rates being offered from providers including impaired, flexible and asset-backed annuity options. The pages also put current rates into historical context, offer the latest annuity best-buy tables and give a general overview of the type of products each provider currently offers.
A new “eBay style” website has launched offering mortgage leads to IFAs and brokers. The website, Lead Magpie, allows intermediaries to bid for mortgage leads. The lead is then sent via email or text message to the winning bidder. Software company Nebius owns the website. Nebius director Stuart Cam says: “We’ve collaborated with IFAs to […]
The European Commission is considering whether to make advice compulsory for all mortgage sales or for certain types of mortgage customers. The EC is formulating proposals for a mortgage credit directive which will look to ensure responsible lending and borrowing across Europe, with proposals due to be published early this year. Association of Mortgage Intermediaries […]
Schroders is launching an ISF global high-income bond fund, investing in a blend of emerging market sovereigns and corporates and developed world high-yield bonds. Global bond fund manager Warren Hyland will run the fund, supported by the group’s fixed-income team. He will actively allocate assets between the three broad high-yield fixed-income sectors as well as […]
Pension specialist Fiona Tait gives an update on three big announcements from the 2016 Budget – Pensions Advice Allowance (PAA), the Lifetime ISA (LISA) and the pension dashboard. £500 Pensions Advice Allowance What’s new Under current rules it is possible to deduct an adviser charge from a defined contribution pension fund to pay for financial […]
GAM has seen its assets under management drop CHF 17bn (£13.2bn) in the three months to the end of September this year. The Swiss group says the unconstrained/absolute return bond strategies contributed CHF 10.8bn (£8.4bn) to the outflows after an internal investigation into the conduct of its manager Tim Haywood was sparked by an internal […]
National IFA Lighthouse has renewed its deal to provide retirement, investment and mortgage advice to British Airways staff. Its “affinity partnership” with BA Clubs, which provides membership benefits to around 40,000 current or former British Airways staff members, has been extended until July 2021. Chief executive Malcolm Streatfield says the deal shows Lighthouse “remains committed” […]
Merian Global Investors has teamed up with Ping An Asset Management in a new partnership joinging together expertise. Both businesses have signed a memorandum of understanding to mark the formal commencement of its new “strategic partnership” which aims to bring together skills to benefit both organisations and end clients. Ping An had already been used […]