Aegon UK’s profits fell by 23 per cent to £34.3m in the first quarter of this year from £44m in the first quarter of 2007.
We seem to be seeing a trend for mortgage networks and those purely in the IFA space teaming up together, with Home of Choice having recently forged an introducer arrangement with IN Partnership.
Living Time chief executive Kim Lerche-Thomsen has branded lifetime annuities as “Dickensian” products and claims they could become the next misselling scandal.
The Personal Finance Society has created a new member support package Promoting Excellence in Equity Release.
Matt Shafer, Head of International Distribution, discusses the firm’s philosophy around Durable Portfolio Construction, particularly the importance of putting risk first, thinking about better ways to use traditional asset classes and how to position alternatives in portfolios.
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
A High Court judge says the FCA can submit evidence in a case that could shape how Sipp misselling claims are handled in the future. In the case, which started today, lorry driver Russell Adams alleges Carey Pensions missold him a self-invested personal pension. Carey Pensions is accused of using unregulated introducers to invest Adams’s […]
Studies have found funds can be too big or too small to outperform, suggesting size does matter The assessment of whether to invest in a certain fund is a tricky business. Bearing in mind roughly 90 per cent of active funds do not beat their benchmarks over periods longer than 10 years, the odds are […]
The following sorry verse embodies procrastination on a whole new level: “Hello there, my name’s Phil; I rap like a small bear writing a will [diligently]; Estate-planning, ninja-whooping IHT; Shame I’m not as bizzie [urban affectation] with the RLP.” These words were penned in response to my father’s short verse sent to me, after the […]