The Financial Services Consumer Panel wants the FSA to introduce focused advice for with-profits policyholders via specialist firms and trade bodies.
National Savings and Investments saw new funds in its savings products more than double over the weekend, following claims that all money invested with it is “100 per cent secure”.
Retail stockbroker The Share Centre has reported a 591 per cent increase on last week’s account openings as investors have swooped to take advantage of a weaker Northern Rock share price.
Consumers believe that the cost of protection products is the main reason that people do not take out cover, according to Aegon Scottish Equitable research.The company asked 1,300 people why British consumers do not have enough financial protection.Nearly 40 per cent say protection is too expensive while over 20 per cent believe that the public’s […]
Standard Life’s adviserzone is offering advisers to share in a £4,000 prize fund to mark its 10 year anniversary. The insurer is launching four games to celebrate its decade of secure online services, the first of which is ‘Reduce the Paperwork’, with more online games to follow in October, November and December.The purpose of each […]
By Chris Taylor, head of Japanese Equities, Neptune Abe, having reinforced his political position domestically, will most likely hold off any further major policy enactments until after president Trump has settled into the White House and enacted some of his own. Then a relaunch of the Three Arrows programme is likely, or Abenomics 2.0, including […]
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Concerns around the longevity of the policy will lead many to forego pension savings in favour of a deposit The highlight of yesterday’s Budget was the scrapping of stamp duty for first-time buyers purchasing properties of up to £300,000. Those buying higher valued properties up to £500,000 will not pay any duty on the first […]
The Personal Finance Society has given its lifetime achievement award this year to veteran pension guru Mike Morrison, who sadly passed away on 6 November. The prestigious award was announced yesterday at the annual PFS awards ceremony. Morrison gained the respect of the industry through a number of roles in his 30 years working in […]