Premier Asset Management has recorded pre-tax profits of £1.1m and earnings per share of 1.31p for the year ended September 30.Its funds under management increased to £296m from £250m in 1997.It says that it has successfully launched its Premier Protected Assets Fund.
NPI says it is one of only four major IFA providers to have already complied with PIA guidelines on pension fund withdrawals.It says its drawdown illustration system has been amended to show both critical yield type A and type B on a client specific basis as stated in the PIA guidance notes.Drawdown Product Manager Jim […]
PPP lifetime care director Peter Gatenby is quitting the company because he says there is no longer a job there for him.Gatenby says there was no actuarial role left for him following Guardian Royal Exchange's divisional restructuring on November 12 of this year.He says: "The only role that I would have considered taking was managing […]
The IFA Association has written to all 2,800 member firms to explain its position on phase two of the pension review.The IFAA says it supports speedy redress for clients financially harmed through wrongful adviceBut it wants to create a filter to differentiate between clients advised to take a non-viable transfer and those "who made a […]
Johnson Fleming has launched its new managed auto-enrolment service, designed to support SME businesses of up to 250 employees. The managed auto-enrolment service is not just about providing businesses with a software system for them to manage themselves, but more about outsourcing the administration of the project and scheme to Johnson Fleming’s auto-enrolment staff.
From retirement planning to wealth preservation strategies, there is a clear and present difference between intention and action. This is a common thread running through much of the research we have undertaken recently. Advisers appreciate the importance of certain (usually more complex) financial solutions; they see the relevance and recognise the market need. Yet something […]
Chancellor Philip Hammond has ruled out scrapping the tapered annual allowance and argues it is “necessary to deliver a fair system and protect the public finances.” MPs questioned Hammond in parliament today about senior NHS clinicians’ tax implications from the tapered annual allowance and annual allowance. They pointed out both allowances are forcing senior NHS […]
US, China and a trade deal: could there be a case of disappointment? Joy and rapture abounded in the first quarter as three specific concerns were smote: the US Federal Reserve put the brakes on interest rate hikes, Chinese growth appeared to rebound and US president Donald Trump sent promising tweets about a China trade […]