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CTC launches Divorce Analysis Service

Chambers Townsend Consultancy has launched a Divorce Analysis Service to assess the value of person&#39s pension fund assets.

The consultancy has designed the system to offer lawyers and IFAs a cost effective and rapid way to assess the value of pension funds in the event of a divorce.

The service can provide an initial assessment on the basis of simple employment history details.

CTC comprehensive data on company schemes provides the basis for the Divorce Analysis Service.


Gross lending up according to Building Societies Association

Building Societies gross lending for May has bounced back following a minor blip in April, according to the latest figures from the Building Societies Association.Gross lending was up 12.6 per cent to £2,370m in May from £2,104 in April.Net advances were also up on April by 17 per cent to £1,180m from £1,005m.Savings witnessed a […]

Yorkshire Building Society cuts mortgage and investment rates

Yorkshire Building Society has announced it is cutting mortgage and investment rates from June 27.The desicion follows the recent 0.25 per cent base rate cut by the Bank of England.The society&#39s mortgage base rate is cut by 0.25 per cent to 6.35 per cent from 6.6 per cent.The average reduction on its investments is 0.35 […]

Merchant Investors launches unit linked annuity

Merchant Investors is launching a unit linked annuity on July 1.The Growth Annuity Portfolio provides annuitants with a choice of almost 60 investment funds, including those of Fidelity, Framlington, Perpetual, Invesco, Aberdeen and Edinburgh Fund Managers.The annuity allows them to choose the fund or funds that best matches their risk profile.It has no bid/offer spread […]

IFA issues warning over Scottish Widows

Best Investment&#39s head of pensions John Turton says the news is good for carpetbagging clients and good for Scottish Widows&#39 financial strength.But he warns with-profits policyholders might not get the headline figures of £5,000 which has been touted.He says: &#34Widows will only give some money as a sweetner to with-profits policyholders and the rest will […]

Directors, limited liability partners and auto-enrolment

By Jim Grant, Senior Product Insight & Technical Support Analyst 6 April 2016 brought in changes to employer duties for directors and partners in limited liability partnerships. Here we explain exactly what’s changed. Before 6 April 2016… Directors of limited liability companies where there were no other directors or employees were exempt from the employer […]


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