View more on these topics

Broker Talkback

Have you got pipeline pension term assurance that you are concerned about following the pre-Budget report changes?

No “We have pipeline business but we are not concerned about it. We just have to get on and do what we are allowed to do. How can you get rid of something that has only been in for eight months? It is a disgrace.”

Raymond Tape, Brian J Hyman Life & Pensions

Yes “We have got a number of clients with existing applications. I am surprised that insurers have moved so quickly to not deal with this business and wonder what would happen if these clients died over the weekend. Tax relief on pension term assurance did seem too good to be true.”

Julie Hedge, Christie Scott’s

No “It is a very disappointing move but luckily I do not have any clients with pipeline business for pension term assurance as everything had gone through already.”

John Henly, John Henly & Associates

Yes “I have one piece I am trying to find out more information on for a client. I am very unhappy at yet another U-turn.”

David Thompson, David Thompson IFA

Yes “I have three cases in the pipeline. The insurance comp- anies have been very good at saying they cannot write it and informing us what to do. They need us to apply on another application form which is a pain as it is so near to Christmas.”

Terry Hamilton, Regent Financial Associates LLP

Yes “I do not have any pipeline business but I am very concerned. This move is just more tinkering for very little effect.”

Marel Sandidge, Marel Sandidge Associates

No “Thankfully, I had got all mine completed before the pre-Budget. I have to admit the majority of my term business tends to be whole of life anyway but I have written a few PTA policies.”

Peter Manduell & Co Financial Services director Peter ManduellMoney Marketing welcomes readers’ letters for publication. Letters should be sent to: The Editor, Money Marketing, 50 Poland Street, London, W1F 7AX.

Recommended

FSA must take the rap

The regulator comes out smelling of roses after one crisis or another

Familiarity breeds discontent

To begin with, I must explain that I am an old-fashioned sort of guy, having been in the industry for about twice as long as most of the people I speak to have been alive. Some would say I am a grumpy old man – something I actually take as a compliment. Last Friday, a […]

Standard Life issues first shareholder mailing

Over 70 per cent of the members of the Standard Life Assurance Company who were entitled to demutualisation shares decided to keep them and 160,000 also bought additional shares.This is some of the information which has been revealed for the first time in Standard Life’s first shareholder mailing following its launch on the stock exchange […]

Dividend slump? Not if you look globally

By George Boyd-Bowman, Manager of the Neptune Global Income Fund Recent research has indicated that global dividend growth will slump by as much as 50 per cent in 2016. As collapsing commodities hit high-profile dividend payers, George Boyd-Bowman explains why the US and Japan are his top picks for income growth in 2016. Click here […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com