The Chartered Insurance Institute is set to close its final-salary pension scheme to existing members after calculating its scheme has an 8m deficit. The move follows FTSE 100 firm Rentokil closing its final-salary scheme to existing members to curb its pension liabilities. The Co-operative is also switching its final-salary scheme to an average-salary system. The […]
Industry support for the CIIs new Chartered Financial Planner title has been overwhelming with 539 people being awarded the title within the first month of its availability.At the end of November the CII wrote to 880 members who met the qualifications criteria and invited them to apply for the new title. To date over 61 […]
Virgin Money is launching a cancer-only protection product, to be administered by Scottish Widows.Money Marketing reported the planned launch last February, which was denied by Virgin Money. The new product, to be called The Big V, is not a critical illness policy, and will run a severity-based approach to cover. Virgin says it will be […]
Loomis Sayles Senior Equity Strategist, Richard Skaggs, discusses what the key takeaways were for global markets during Q2 2016 and also talks about what may lie ahead for the second half of 2016. Click here for full article: Loomis Whitepaper
Many advisers believe their availability to spend time with clients is the primary factor in them determining the value of the service they pay for, research shows. A survey conducted by consultancy Adviser Home found more than 80 per cent of advisers ranked ‘confidence and trust that we are available when needed’ as ‘very important.’ […]
By the end of this month, either Boris Johnson or Jeremy Hunt will take up residence behind the world’s most famous black door. The race to succeed Theresa May gets more interesting by the day. And if it were supposed to be a virtual coronation for Boris, then someone should have told Jeremy Hunt, who […]
Technology is playing an ever bigger role in the day-to-day running of advice firms and provides a way for firms to position their businesses for the future. How are advisers using technology and what pieces of software can they not do without?