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.
Hermes Investment Management has unveiled a new ESG investing tool to help its fund managers assess a fund’s carbon performance and risk. Hermes says the tool assesses the carbon risk of an investment fund relative to its benchmark and of listed companies with their peers. The tool will also be used for client reporting to […]
Sitting beside the pool in Rhodes last week, I was surprised and rather pleased to hear a conversation between two fellow holidaymakers about protection insurance. Both men were self-employed and one was talking about how he struggled last year when off work due to an injury. The other was telling him about this insurance he […]