National Savings & Investments’ brochures for premium bonds and savings products will be available in 50 Tesco stores from today.The pilot stores cover England, Scotland and Wales and will be rolled out across the retail giant’s 450 nationwide stores if the scheme takes off.Brochures available include premium bonds information and information on NS&I capital protected […]
An Essex-based IFA whose client suffered a heart attack two days after being put on risk has praised Axa Sun Life for paying out on his critical-illness claim. The client and his wife, who previously only had life cover, came to Chadborn Baker & Kearle mortgage adviser Peter Wright for remortgage advice. He recommended a […]
People should think very carefully before using retirement income to invest in the residential property buy-to-let market after A-Day, according to the Actuarial Profession. It says that although it may appear an attractive option, there are a number of reasons why this route would be unsuitable for many investments. The AP says the initial outlay […]
Scottish Widows Investment Partnership has poached fund manager Alix Stewart from Gartmore to run its corporate bond plus portfolio. Stewart ran Gartmores corporate bond fund in which time it delivered top quartile returns and was A-rated by Standard & Poors.
By Kim Jarvis, Canada Life In this article we look at which forms personal representatives (PRs) need to complete and who actually pays inheritance tax (IHT). To recap, under current rules, any part of the estate that falls within the available nil-rate band (NRB), currently £325,000, is taxed at zero. Anything in excess of the NRB […]
A “mid-life MOT” can help people plan for retirement better if they are targeted in the correct way, new research shows. The report from the Centre for Ageing Better is a response to the recommendation to introduce a mid-life MOT in John Cridland’s independent review of the state pension age. Following the review Aviva, Legal […]
Only one in seven of the 90 per cent of adults in the UK who did not seek financial advice in the past year chose not to because of high costs, new research shows. Interim report findings from consultancy firms Ignition House and Critical Research to inform the Financial Advice Market Review show consumers continue […]
The FCA is considering fining Tesco’s banking arm with a record fine of more than £30m for a previous cyber security-related incident. Sky News reports the fine relates to an incident in which criminals attacked the company’s online service in an attempt to steal customers’ money. In November 2016, Tesco Bank’s online service was attacked by […]