The Liberal Democrats are predicting a backbench rebellion against the Government over its State Pensions Credit Bill because it introduces universal means testing.Lib Dem pensions spokesman Steve Webb says there are a number of Labour MPs who are questioning extending means-testing, as the pension credit proposes to do, and will be likely vote against the […]
Around 700 Bankhall firms will get payouts ranging from £2,500 to £27,000 following Skandia's acquisition of shares in the member share incentive scheme set up by former owner Lynx.The payout, totalling £2.6m, will be made to IFAs that were members of Bankhall when it was bought by Lynx in May 2000.Bankhall says it is looking […]
Bradford & Bingley's specialist lending arm Mortgage Express is launching a new internet service for IFAs allowing them to conduct business online.Mx-online provides quotations, automated decisions in principle and allows submission of applications and “real time” case tracking.Advisers can also develop online buy-to-let portfolios for clients such as landlords. Client details are stored so only […]
Lives: Haywards Heath, Sussex.Born: December 11, 1947.Age: 54Education and qualifications: Caldy Grange School, Wirral; degree in economics from Newcastle University.Career to date: Lloyds Bank 1970/88; UK Land director 1988/91; Nationwide 1991 to date, promoted to divisional director in 1994, appointed to board in 1996, chief executive since January 2002.Career ambition: Achieved. “Happy to retire in […]
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The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service.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? […]