Former Britannic Group and Resolution chief executive Paul Thompson has been appointed to the board of Northern Rock as non-executive director.
Leeds Building Society
Three Year Fixed Rate
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.
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As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]