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Broker Talkback

Should the Government Actuary&#39s Department provide clearer guidance on

contracting out of Serps to make it a clear cut decision for clients?

“Yes. It should be clearer and simpler than it is now and why should we

spend time explaining it to clients when our fees and commission have been


Clive Balchin, James Trickett & Son

“Yes, absolutely. It is not a clear cut decision at the moment as even the

key features document and existing rules do not make it clear.”

Tim Colby, The Colby Agency

“Yes. Anything that makes pensions clearer for the public must be a good


Andrew Merricks, Simpsons of Brighton IFA

“I think they should. It is not that clear at all at the moment and when

you talk to clients it is far more about the client&#39s attitude to risk and

what they expect investment returns and annuity rates to be.”

John Pickles, John Pickles & Partners

“Yes they should because we find it very difficult to advise our clients

in this matter.”

Richard Haynes, James Phillips & Co

“Yes. If it is not clear cut, people will make the wrong decision and

could be financially disadvantaged.”

James Perman, James Perman & Co

“100 per cent yes. We are in a situation at the moment where it is very

difficult to conclude whether it is viable to be better off by contracting

out. We are having to advise clients on something we can&#39t possibly know.

It is an impossible task.”

Anthony Van der Molen, sole trader

“Yes, to prevent another pension misselling scandal.”

Christopher Doran, Verus Associates

yes 100%


Common currency seriously flawed

As a member of the Conservative Party , I am happy to confirm my position(with a degree of technical knowledge and experience too) – which is that acommon currency, as a concept, is seriously flawed economically and I shallvote against it every time. The only vote worth using to this end on June 7 is […]

CML revamps home-buyers guide

The Council of Mortgage Lenders is revamping and updating its &#39How to buy a home&#39 booklet, which gives guidance for home-buyers.The booklet provides information to help first time buyers understand the legal and practical considerations involved in buying a home in England and Wales. The section on mortgages explains the different products available, how interest […]

Tories hold on to IFA lead

Most IFAs voted Conservative in the general election but younger IFAs are turning to Labour, according to an exclusive poll of IFA voting habits conducted by Money Marketing and Skandia. Thirty-five per cent voted Tory, 17 per cent Labour and 9 per centLibDem. The South-east has the strongest Tory support at 39 per cent compared […]

Royal Skandia flys east with Pacific rim fund

Isle on Man based Royal Skandia has unveiled the US$ Pacific equity fund as a part of its new range of funds.The fund is an international life fund and can only be accessed via a Royal Skandia life product. The fund has a medium level of risk and is aimed at investers who are looking […]

Childcare - thumbnail

Three questions for employers…

The Family and Childcare Trust’s annual survey has been widely reported in the media and the two headline figures were these: the average cost of a nursery place for a child under two has risen by 33 per cent since 2010; and the costs have risen by five per cent in a single year.


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