View more on these topics

Britannic wants cash reversion regulated

Britannic Retirement Solutions is calling for FSA proposals for regulation of the equity release market to be extended to cash reversion schemes. The FSA is regulating mortgage-based equity release schemes from 2004 but Britannic says consumers will only feel secure going into equity release if the whole of the sector is regulated.

Recommended

The shock of the old for Pru poets

In its research to devise a whole new kind of financial services advertising, Prudential took just about everybody else&#39s ads and put them all together in one long sequence.The mind boggles – flying pigs landing on fishermen in braces, businessmen singing in toilets as elderly uncle advises nephew Henry to put his money in a […]

Severn says FSA wants to drop plans for AFA

The FSA would like to drop the Authorised Financial Adviser model and implement a payment system more palatable to the majority of IFAs, according to head of polarisation review David Severn.Speaking at the Distribution Strategies Post-Sandler conference in London last week, Severn said that if there was an alternative to the defined-payment system which would […]

HBOS investment operation launches today

Insight Investment, the asset manager of HBOS, has today launched a new retail investment operation offering nine new funds and 14 revamped funds.Insight&#39s investment offerings fall into three main groups – Foundation, Classic and Professional. Foundation funds are designed for new investors or for those who want a low cost, CAT standard ISA. The Classic […]

CIS cuts with-profits payouts by 5 per cent

CIS is cutting payouts on with-profits by 5 per cent after announcing an interim bonus declaration. The cuts follow a 15 per cent cut announced at its scheduled annual declaration in April. The company blames falling stockmarkets but claims consumers are still benefiting from smoothing.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment