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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SJP defends DB transfer seminars to BA pilots
St James’s Place has defended seminars it hosted for British Airways pilots that resulted in people transferring out of their defined benefit pensions. SJP has faced questions from MPs on the work and pensions select committee about its work with BA, after a letter from the Trades Union Congress last month suggested the advice firm […]
Tenet partners with mortgage network on wealth offering
Tenet has partnered with mortgage network the Mortgage Advice Bureau on a wealth and equity release offering. MAB plans to use the financial advice network’s business development support to grow beyond its 14 wealth advisers. It is understood MAB chose Tenet as a partner because it allows firms to give equity release advice. MAB wealth […]
Roderic Rennison: Enabling your advisers to buy your business
Planning and training are key if you want your advisers to buy your business when the time comes to stand back The past few years have seen an increase in the number of advice firm owners who, when the time comes, want to consider a sale to their employees as an option in addition to […]
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