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.
With a final plan for Britain’s exit yet to surface, advisers are showing positivity in the face of uncertainty Rarely has a deal been so harshly slapped down as the European Union exit plan presented to MPs two weeks ago by Theresa May. There are less than 70 days to go before the UK reaches […]
The Pensions Regulator has agreed to share market intelligence on defined benefit transfers on a regular basis with the FCA and The Pensions Advisory Service so trustees can ensure members fully understand the risks involved. In a new formal agreement, TPR will share its reports on DB market intelligence roughly every two weeks with the […]
Advisers explain how out-of-town offices are preferable to city centres and why the retirement market is key It is easy for outsiders to make assumptions about the North East based on the so-called North/South divide. While acknowledging the real challenges in this part of the UK, local advisers are keen to highlight the positives that […]