Legal & General has cut its annual bonus rates by up to 25 per cent on life policies and maturity payouts by more than 15 per cent.Annual bonuses on life policies fall to 1.5 per cent from 2 per cent in 2000 on the sum assured and to 2.75 per cent from 3.5 per cent […]
Henderson Global Investors has failed in its hostile bid for Dresdner's Charter European investment trust after an unpre-cedented number of the fund's investors turned out for the vote on its future management.Despite having the support of two other major shareholders – Equitable Life and Standard Life – Henderson secured only 46.2 per cent of the […]
Thursday, 7 March 2002 Type: High interest account Minimum-maximum investment: £1,000-£2m Interest rates: Year one 4% gross a year, year two 5% gross a year, year three 6.5% gross a year Term: Three years Offer period: Until further notice Withdrawal penalties: 180 days' loss of interest on amount withdrawn Tel: 0800 995995
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The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service.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? […]