A selection of banks and financial institutions might have received a rather surprising email from Lifesearch’s Kevin Carr recently.Carr sent out an email to numerous recipients across the industry, attach- ing a comparison table of product providers’ services. However, he probably should have checked his Wingdings before- hand, as his ticks and crosses came out looking like, er, ears and trees. Nice work. Noth- ing like putting your own spin on things, eh, Kevin?
It is six months since the vote by members of LIA and Sofa to form the Personal Finance Society. The idea had a long history. In the early 1990s there was much debate about bringing the financial adviser community together into one body which would represent them and set standards which would give added confidence to the public.
Prudential is refusing to pay commission to endowment-chaser firms and will only pay settlements directly to customers.
Clerical Medical has revamped its group stakeholder pension, making external funds available and overhauling its default lifestyling option.
Compulsory saving in pensions is neither simple nor efficient, says the ABI, after researching pension arrangements around the world.
We are living longer and retirees are no longer required to buy an annuity. In this short video, Head of Multi Asset at Royal London Asset Management Trevor Greetham explores how changes to pensions freedoms are expected to impact the demand for income. Click here
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
A long‑term strategy for the asset management industry will be published by the Government, it was announced in today’s Budget. The Investment Management Strategy 2 will ensure the industry “continues to thrive and deliver the best possible outcomes for investors and the UK economy,” the Autumn Budget policy paper says. The Government will work closely […]
The state of the UK economy with Brexit looming In 2017, growth is expected to come in at 1.5 per cent, falling to 1.4 per cent in 2018 Through 2019 and 2020, growth is set to fall again to 1.3 per cent, before picking up to 1.5 per cent in 2021 and then to 1.6 […]
Chancellor Philip Hammond has scrapped stamp duty for first-time buyers on properties worth up to £300,000. Speculation was rife in the media in the run up to the announcement that the tax would be scrapped altogether for FTBs to make home ownership more affordable for young people in the UK. The Chancellor has said that […]