Société Générale (SG) has launched a listed product that pays a guaranteed fixed income of 1.7% a quarter for 18 months. The FTSE Income Protection 3,000 is listed on the London Stock Exchange and is designed for investors looking for higher returns than a normal savings account. SG says the payments are unaffected by movements […]
Keydata founder Stewart Ford personally loaned millions of pounds to a firm run by David Elias, the man at the heart of the investigation into Keydata funds which may have been misappropriated, months before the firm became insolvent.
I hold my hands up, I am a wicked salesman. I confess to selling a £181,000 Norwich Union mortgage protection insurance policy and a Holloway income protection insurance plan to a couple in the next village a couple of years ago. The husband has just had a terminal-illness payment for stomach cancer, which has cleared his mortgage and the Holloway policy will carry on paying until his eventual demise but hey, aren’t us salesmen awful?
Paul Casson, manager of the Artemis Pan-European Absolute Return Fund, explains why he likes Irish housebuilders but is shorting banks – and how one Spanish TV company is going against media trends. Click here to read more
The FCA’S interventions in to the mini-bond marketing of London Capital & Finance’s are under the spotlight, according to FCA chief executive Andrew Bailey. He made the point while giving evidence to the Treasury select committee about the watchdog’s work practices. Bailey was questioned on the lessons the watchdog has learned so far about the […]
The challenge is not just about getting the right people, but keeping them interested The success of advice firms has presented them with something of a dilemma. Many have grown their client banks significantly, which they now need to service and retain, while at the same time looking after the needs of new customers. And […]
Three quarters of advisers feel the defined benefit transfer market is struggling to match supply with demand and work effectively, research shows. Figures from Aegon found two thirds of surveyed advisers who currently provide DB advice say there are not enough specialists to meet customer demand. These figures follow the FCA’s reveal of a recent […]