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Call for independent pensions forecasts

Financial services e-business software provider Aqera is calling on the Department for Work and Pensions to set up an independent body to provide composite pension forecasts to the public.

Aqera says a centrally funded system could be providing composite statements within a year, ahead of the DWP&#39s forecast of 2005.


Birmingham Midshires – Guaranteed Five-Year Tracker Account (Issue 9)

Wednesday, 28 August 2002 Type: Guaranteed equity bond Aim: Growth linked to the FTSE 100 Minimum-maximum investment: £1,000-£500,000 Term: Five years Guarantee: Capital returned in full at end of term regardless of movement in index Return: 100% growth of FTSE 100 Closing date: October 31, 2002 Commission: None Tel: 01902 302832

Only current clients&#39 ID needed to meet laundering rules

IFAs will only have to get identification of current clients and not revisit their entire book as had been feared when the money-laundering regulations are extended this autumn. A compliance officer with a big national IFA says he has been assured by the FSA that it does not plan to force advisers to go through […]

Calculating PI

Professional indemnity insurance is a necessary evil for all people engaged in advice. The complicated nature in which PI works leads to disputes and problems. The pension review has given a large number of headaches to advisers as the definition of a “notifiable event” is not always clear. What constitutes a notifiable event? A compliance […]

Mid-year cuts by R&SA as NU reduces its MVR

Royal & Sun Alliance is slashing the bonuses of one million with-profits policyholders in mid-year with payouts on conventional with-profits reduced by 10 per cent and annual bonus rates on unitised with-profits cut by 1 per cent. But Norwich Union is reducing its MVR from 11 per cent to 7 per cent in response to […]


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