Berkeley Alexander has established an individual private medical insurance plan that features elements of critical illness cover and healthcare cash plans.The plan, hospitalCARE, limits cover to key conditions and also limits the benefits up to a specific monetary amount. Annual premiums range from £153.43 to £1,022.39 and monthly premiums range from £12.79 to £85.20, depending […]
IFAs have attacked life companies for being uncooperative and sneaking in changes to with-profits market value reductions and payouts by the back door.The attack follows Norwich Union's announcement last week that it was cutting with-profits payouts by 5 per cent, attracting widespread media coverage but IFAs claim that other companies have been making similar changes […]
Monday, 29 July 2002 Type: Single premium bond Aim: Growth by investing in zero coupon US Treasury bonds and hedge funds Minimum investment: Lump sum $50,000, euros 50,000 Place of registration: Cayman Islands Investment split: 100% in zero coupon US Treasury bonds and hedge funds Guarantee: 110% of initial investment returned at end of five […]
The Financial Services Training College is setting up a new online training and assessment system.Ensure has been developed over two and a half years at a cost of £3m. The system aims to pick up and address development needs while keeping managers informed about the progress of staff members.It is tailored to suit individual companies […]
Those of you who have read any of the political manifestos over the previous weeks may have noticed one glaring omission from all the publications: the subject of welfare reform and the role that income protection could (and probably should) play in this process.
Marmite and President Trump both sharply divide opinion, but you can ignore Marmite if you’d rather not put the glutinous, salty, black yeast extract on your teatime toast. As an investor you simply cannot ignore Donald Trump. Without wanting to give a running commentary of recent events, Trump’s actions continue to have an impact. The […]
Suggestions that secretary of state for work and pensions Esther McVey may no longer be committed to the delivery of the pensions dashboard project has caused much wailing and gnashing of teeth around the industry. Personally, I do not see the problem. This is the perfect opportunity for it to take back ownership and control of […]
81 per cent of over-55s would feel confident in taking out an equity release plan without seeking advice, research from Moneyfacts suggests. 44 per cent thought they have no need for advice, 29 per cent would not trust an adviser, and 8 per cent of respondents believe financial advice to be too expensive. In late […]