Healthcare cash plan providers HSA and Leeds Hospital Fund are merging to form a combined operation controlling 45 per cent of the sector.HSA has 37 per cent of the cash plan market, primarily in London and the South-east, while LHF has a strong brand presence in the North, with about 7 per cent share.Despite their […]
The Government is pushing for the FSA to retain its powers within a single European market for financial services rather than contend with a supra-national regulator based in Brussels.The single market has been made “an urgent priority” for the forthcoming Barcelona summit and the Government has published a White Paper on European economic reform.In the […]
On the same day that the Queen was crowned, the news was released that Edmund Hillary had climbed Mount Everest.It sometimes feels that encouraging the use of e-commerce in our industry is an equally daunting task but the important thing to remember is that Hillary achieved that climb one step at a time.Although it is […]
Jelf Employee Benefits highlights new legislation, key requirements and policy considerations when structuring international private medical insurance (IPMI) for expatriate employees in Qatar. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Qatar.
Some investors holding money with Blackmore Bonds are yet to receive July interest payments, despite the firm’s insistence all funds have been transferred and cleared. One such investor has told Money Marketing they have been “ignored” by Blackmore. Chief executive of the mini-bond provider Patrick McCreesh told Money Marketing this week that some investors holding Isas […]
Rebates have been confirmed as taxable this month, in the long-running clash between Hargreaves Lansdown and HMRC. This effectively confirms “superclean” share classes are the most tax-efficient mechanism for delivering preferential rates on funds, rather than the oxymoronic “clean with rebates”. Asset managers will be very reluctant to implement multiple share classes at varying prices […]
Collapsed Sipp administrator GPC Sipp has nearly £1m in debts owed to creditors according to a statement of affairs document published on Companies House. It shows there is a shortfall of £964,832.00 owed to creditors and most of the Sipp shares are owned by managing director Kathryn Taylor who holds 73 shares. The others are […]