The Association of British Insurers says pension providers need to speed up transfer times for customers taking out annuities to avoid being hit by extra regulation.At a recent Prudential annuity round table, the ABI warned that if providers do not improve their service levels for annuity customers the FSA will impose regulation on the industry […]
Hornbuckle Mitchell is offering a drawdown product which allows retirees to move into a scheme pension.The flexible income pension plan gives investors the ability to switch to more suitable options as their circumstances change.The Fipp is structured to allow a combination of tax-free cash withdrawal and income drawdown as well as the ability to move […]
Personal Touch Financial Services has done a deal with Abbey which provide its members with direct access to the lender through ‘Toolbox’, its back office system.One of the key benefits that intermediaries using the system will experience is avoiding re-keying data from a local IT system to a lenders system.Brokers using the Toolbox system will […]
John Hailer, CEO of Natixis Global Asset Management, says the company is focused on the UK, which it sees as being one of the world’s largest wealth markets with an unrivalled understanding of investments and funds.
I have recently completed training to become a certified money coach: it is an area we are developing to complement our traditional advice service. One of the exercises is to imagine you are floating in a small boat through time. We ask you to consider where you want to land and what you might find […]
Quilter Financial Adviser School will now offer the Level 6 Advanced Diploma of Financial Planning as part of new offerings announced as it rebrands. Formerly called the Financial Adviser School, QFAS will offer the Level 6 qualification to the whole of market. The first cohort for the Level 6 programme began last week and includes […]
Two directors at St James’s Place have increased the shares they own in the company. SJP investments managing director David Lamb and partnership managing director Ian Gascoigne have both bought £8,996 worth of the company’s shares, according to a London Stock Exchange notice. Lamb and Gascoigne bought 993 ordinary shares of 15p each at a price of […]