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 […]
Three advisers from overseas pension transfer specialist Montfort International have left the company to launch a new firm offering advice on Qrops.
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?
Many commentators have suggested that the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Neptune’s Rob Burnett discusses the likelihood of this happening. Read more: Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide for future […]
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As the outlook for the UK’s economy remains uncertain, how can advisers prepare portfolios for any change in inflation? As higher inflation fails to appear on the horizon and wages grow faster than expected, fund managers are weighing up their portfolio moves for any potential changes in the economy. The UK consumer prices index rose […]
IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]
Hartley Pensions has bought the “untainted” assets of the Lifetime Sipp Company, which went into administration earlier this year. An update published today on the website of Lifetime’s administrators Kingston Smith & Partners says Hartley Pensions has also agreed to administer the tainted Sipps held by Lifetime Sipp. The administrator described tainted assets as those where […]