Direct Life & Pensions Services has joined forces with Fool.co.uk. Fool will become an appointed representative of Direct Life offering an online and call centre life insurance service to its members and users, administered by Direct Life’s systems.
The FSA has warned advisers looking to enter the equity release market to ‘stay out’ if they are not willing to commit significant resources and investments to their operations.Speaking at the Mortgage Business Expo in Manchester, the FSA warned firms to ensure they committed to delivering quality advice. FSA manager of retail distribution and mortgages […]
Lighthouse Group has launched a commercial lending service to its 600 advisers. The group sees commercial lending as of growing importance for IFAs and says the opportunity is opening up to steal market share from the banks due to their ability to source lending from a number of providers. Lighthouse has agreements in place with […]
I read with astonishment the press release by the PFS/CII to allow firms, rather than just individuals, to have chartered financial planner status. Not only is this departure misleading for the public, in that they may believe they are dealing with someone better qualified than they actually are, it also dilutes the strength of the […]
Last year, worldwide mergers and acquisitions (M&A) rose to an unprecedented $4.7tn, according to Thomson Reuters, a 41 per cent increase over 2014. Anthony Forcione, senior equity analyst at Loomis Sayles, an affiliate of Natixis Global Asset Management, looks at what’s been driving this particular wave of mergers. Click here to view full article: Loomis-Sayles
A weekly account of the curious goings-on in the world of financial services from Money Marketing’s diary page Green with envy While scouring through the MPs’ Register of Interests last week, one WSJ correspondent took to reading the fine print of Treasury committee member John Mann’s file. Among the list of international trips undertaken by […]
Long-awaited guidance clears up confusion around the IHT position of policies issued under seal Life assurance protection is an often overlooked estate planning tool. For UK-domiciled individuals, effecting a policy subject to a trust can deliver a neat, effective way of sorting inheritance tax liability that cannot be diminished through other planning. It can also […]
Workplace provider Smart Pension has been told not to publish an advertisement again after a complaint to the marketing standards watchdog over its “threatening” tone. In November last year, Smart Pension sent a letter to business owners, stating that “failing to set up your workplace pension now could soon blow a serious hole in company […]