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 […]
As we hurtle towards the new year, it is worth remembering much of the so-called client-centricity discussed is, in fact, little more than process that will not determine whether you win, lose or draw. Sure, a process needs to be reliable, cost-efficient and to point the right service at the right people. But it is […]
The Association of Member Nominated Trustees and the UK Sustainable Investment Association have urged pension funds to keep an eye on whether their investment consultants’ sustainable investment advice lives up to the minimum service requirements under regulation. The AMNT and UKSIF says consultants should meet minimum requirements as soon as possible so as not to […]