Do you agree with Suffolk Life director of sales and marketing John Moret that commission on pension transfer business should be scrapped and that all pension transfer business should be fee-based? Chand Patel, BIMA
Stuart Stojkovic, Sillars McCleod Andrew Seaman, F L Seaman & Co Martin Lumsden, AM & A Financial Consultants John Cope, David Cope and Partners Neville Pereira, Lubbock Fine Financial Solutions Carl Estevar, sole trader Tony Hall, Barrat Gray Limited Money Marketing welcomes readers’ letters for publication. Letters should be sent to: The Editor, Money Marketing, 50 Poland Street, London, W1F 7AX.View more on these topicsOpinion
Hogarth plans return to industry with new year venture
Former Bankhall joint chief executive Paul Hogarth is gearing up for a return to the industry. Hogarth’s restrictive covenant ends this week and he is looking at launching a venture in the new year. This is likely to focus on wraps or providing exit strategies for retiring advisers – the two areas that interest him […]
Put investment horse before product cart, says Cazalet
The future is bright for the life insurance sector if it sorts out its business model, says analyst Ned Cazalet. Speaking at a Cazalet Consulting conference on asset allocation last week, Cazalet said life offices should focus on true profitability rather than new business and put the “investment horse before the product cart”. He highlighted […]
A&L to unleash re-launched range from tomorrow
Alliance & Leicester is amending its current range of specialist mortgages from tomorrow.Its new range will include a two-year fixed rate buy-to-let at 5.29 per cent and a base-rate tracker at 0.15 per cent above base.There is also a self-cert, two-year fix at 5.25 per cent and a two-year near-prime fix at 5.90 per cent.A&L […]
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Are the new pension freedoms being used?
So are the new Pension Freedoms being used? The answer to this appears to be a very clear ‘yes’. Figures from the Financial Conduct Authority (FCA) this week provides firm evidence of such usage.
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HSBC faces legal action from 400 investors over film tax scheme
Law firm Edwin Coe has commenced litigation on behalf of 400 investors against HSBC over its role in facilitating the operation of the Disney film financing investment scheme known as Eclipse. Money Marketing first reported that affected investors including celebrities and football managers were eyeing up a landmark legal challenge 18 months ago. The legal […]
Lucy Brown: Protection providers need to go further on cancer contracts
Earlier this month, World Cancer Day raised awareness of the disease that continues to affect so many of us. There are few people who will not know someone who has been affected by cancer in some way. Cancer affects people of all ages and health types; it does not discriminate and those affected can often […]
Adrian Boulding: Drawdown investment pathways deserve another look
As part of its retirement outcomes review, the FCA has been looking at non-advised income drawdown policies; specifically, the fact too many people are leaving their savings in cash regardless of how long they intend to keep the money there for. The regulator wants customers to set out their plans for the five years ahead. […]
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