Cheltenham & Gloucester has repriced its 100 per cent mortgage products and removed the free valuation incentive previously applicable to the range. Details of the new range are available via its online product guide.
Advisers have welcomed Norwich Union’s decision to undergo a complete redesign of its protection range and research a guaranteed protection product.Money Marketing last week reported that the firm is scrapping its current protection range and “starting from a clean sheet of paper” in a bid to meet consumers’ protection needs.MM also revealed that NU is […]
Grant Thornton has warned non-doms that have been resident in the UK before April 2001 will begin paying the Government’s new charges from April 2008.In his Budget Speech, Alistair Darling rejected Conservative plans for a £25,000 annual non-dom levy as it would discourage people coming to this country for short term work.Instead the Government will […]
Since last year’s reforms to pension legislation, a significant number of retirees have chosen income drawdown over purchasing an annuity. This has presented risks to both individuals and their advisers. In this article the risks are explained – and, importantly, strategies are presented that could help mitigate them. Read this article
Merian Global Investors has teamed up with Ping An Asset Management in a new partnership joinging together expertise. Both businesses have signed a memorandum of understanding to mark the formal commencement of its new “strategic partnership” which aims to bring together skills to benefit both organisations and end clients. Ping An had already been used […]
St James’s Place has passed the £100bn funds under management mark after reporting another quarter of positive flows. Net inflows for the nine months ended 30 September were £7.7bn, up 15 per cent, with overall funds under management up 11 per cent since the beginning of the year to reach £100.6bn. SJP says it continues […]
Savers are rushing to top-up their pensions amid fears chancellor Philip Hammond will deliver a further cut to the annual allowance in this month’s Budget, Zurich says. Cash flowing into pensions on Zurich’s investment platform soared 98 per cent in September compared to the annual average, the firm has found. The value of one-off pension […]