Legal & General has improved its partners' group life assurance policy to take advantage of changes to chargeable event rules that have come in as part of the Finance Act 2003. The change means most policies now fall outside these rules, eliminating any potential taxable gain that can arise on the second and subsequent death […]
Type: Capital protected bond Aim: Growth linked to the performance of the FTSE 100 index Minimum-maximum investment: £2,500-£250,000 Term: Five years and six months Guarantee: Original capital returned in full regardless of performance in the index Return: Up to 100% growth at end of the term or 30% growth at end of three years if […]
Are we beginning to see the first signs of a hard-hitting watchdog which will not do its master's bidding if it does not agree with the command? FSA chairman Callum McCarthy used his first press interview to voice personal concerns over selling stakeholder products without advice. He seems to have set himself up for a […]
Scottish Provident has received record numbers of breast cancer claims, paying out more than £7m in the first six months of this year, according to its latest critical-illness figures. The £7m paid out to 80 claimants up to the end of June was equal to a quarter of the total of £28m paid out on […]
Do macro headlines create white noise which impacts market prices? Portfolio Manager at Harris Associates, David Herro, discusses how market volatility can create opportunities to buy good business at a discount.
Fund managers with a solid investment philosophy can identify their edge and the environment in which they will flourish My last column highlighted the weakness in relying on past performance in fund selection (weakness is putting it politely). I then provided an overview of some of the more qualitative factors advisers should consider when analysing […]
Sometimes plans gets derailed and you must prepare your clients for that More people than ever are surviving into their 90s and beyond, many with complex medical issues to deal with. Most advisers around my age will have a number of clients also of a similar age, where their own children are now independent financially […]
Data from the Office for National Statistics show that UK property prices grew 1.2 per cent from June to July, giving a nationwide average house price of £231,422. On an annual basis this figure stands at 3.1 per cent, down from last month’s growth of 3.2 per cent, and is the lowest annual rate since […]