Nicola York assesses the protection industry’s appetite for severity-based payouts on critical-illness products and asks whether this new model, introduced in the UK by Virgin and Prudential, will become as popular as in South Africa
The FSA’s latest damning report on the advice sector will increase calls to scrap commission and could even force the industry to revisit CP121, says Personal Finance Society public affairs director John Ellis. Last week, the FSA published the results of its quality of advice mystery-shopping exercise designed to establish how well firms are embedding […]
After enacting the Civil Partnership Act last year, the Government could draw up a legal framework for common-law partners who see their relationship break down. Jeremy Abraham, who heads the family and private client department at law firm Russell Jones & Walker, examines proposals put forward in a Law Commission report
By Fiona Tait, Pension Specialist Royal London firmly believes in the value delivered to clients by financial advisers, not just for one-off events but on an ongoing basis. This is a position we continue to hold in our consultation responses and external communications while always questioning whether there are ways in which we can help […]
Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]