View more on these topics

Barbara Castle slams meagre state pension

Former Secretary of State Barbara Castle has hit out at the basic state pension for being indexed to prices rather than earnings.

The Serps architect calculates in 20 years the basic state pension will be worth only 7 per cent of average national earnings, leaving one in four pensioners dependent on means testing by 2050.


FSA green light for league tables

The Financial Services Authority&#39s league table proposals have been welcomed by the life industry at a workshop though fears have been raised they will not survive without performance figures.The regulator has said it is concerned past performance figures might not give savers the correct message when they are looking to choose a product.The products to […]

Halifax hits 1m Isa sales

Halifax claims to have sold more than a million Isas since the new savings and investment vehicle was launched in April – cornering a quarter of the whole market share.The Pep and Tessa replacement sales are believed to have now topped 4m.The vast majority of those sold have been cash Isas.

Widows rocked by shock exit

Scottish Widows Investment Management has been rocked by the sudden departure of three of its five-strong European team.The resignations, which include its high profile head Albert Morillo, comes just weeks after managing director of unit trusts Jamie Macleod was poached by Investec Guinness Flight.But Widows claims the departures are not connected to the uncertainty surrounding […]


On 18 October 1999 the Inland Revenue issued a press release announcing certain changes to the regulation of overseas life assurance business (OLAB). These changes are set out in the Insurance Companies (Overseas Life Assurance Business (Compliance) (Amendment) Regulations 1999. These regulations will make it easier for life insurance companies operating in the UK to […]

FAMR – a familiar response

Pension specialist Fiona Tait takes a look at the Financial Advice Market Review and assesses the three areas where it suggests improvements can be made With significant budget changes ruled out (for a while anyway), the pension community briefly turned its attention to the FCA’s final report on its Financial Advice Market Review (FAMR), hoping […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm