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Executives admit DC scheme faults

Half of the senior financial executives who took part in a Fidelity survey of 100 leading companies’ attitudes to corporate pensions have acknowledged that their definedcontribution schemes will not allow employees to retire in comfort.

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Hartford fails to hit the mark

The recent article in Money Marketing headlined, Hartford’s hits and myths of retirement raises the issue of with-profits funds moving away from equities in market downturns but fails to consider the counter-argument when markets rally. It is evident that some companies are not as well positioned as others because of their “reading” of equity markets […]

Pet cover outsells PMI by five to one

Private medical insurance is outsold five to one by pet insurance, according to a Defaqto report which urges the industry to make PMI service standards more transparent.The financial research company says there are one million individual PMI policies in place in the UK compared with five million pet insurance policies and says advisers criticise PMI […]

Pru looks at orphan scheme

Prudential is understood to be looking at a process called a scheme of arrangement rather than a reattribution of its £9bn inherited estate, which would mean the firm would only need 75 per cent of policyholders to agree with any potential deal.By taking this route, any policyholders disagreeing with the potential deal would be swept […]

What can drive the India story forward?

By Kunal Desai, head of Indian equities, Neptune Since the election of Narendra Modi as prime minister in May 2014, Indian equities have gone on to outperform both developed and emerging markets. A busy period of governmental and economic reforms, a lower oil price and falling political risk have been the primary drivers over this […]

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