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Arc pays 2m for adviser firm

IFA Arc Fund Management has bought Independent Investment Associates for 2.1m.

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Asset aside

In simple terms, estate planning is ensuring that when a client dies their assets pass on to their intended beneficiaries but while this is simple in theory, there are, in practice, a number of complications.

Standard Life posts 18 per cent loss in individual pension sales

Standard Life’s UK life and pension sales increased by 15 per cent to £13,174m in 2007 but individual pension sales fell by 18 per cent to £782m compared with 2006.Standard Life released its new business results today and simultaneously announced the news that its UK financial services chief executive Trevor Matthews was leaving to take […]

With-profits bolsters Pru business figures

Prudential’s UK business figures were flat last year at £897m compared with £900m in 2006.Retail sales rose by 4 per cent, from £688m to £715m, driven by strong growth in individual annuities, corporate pensions, with-profits bonds and lifetime mortgages.Pru says the business figures are in line with 2006 because the 2006 figure included £63m of […]

What are the key changes to transform pensions?

By Fiona Tait, pensions specialist In her final article for Royal London, Fiona Tait reviews key changes she believes have transformed, or will transform, pensions. In my 12 years with Royal London I have been paid to review, study and explain the numerous changes to pension legislation which have transformed our industry in that time. This is […]

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