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Tony Mudd: Providers are working to develop LTC products

Recent stories have played on the fact that despite the Care Act (which, among other things, will introduce a £72,000 care cap) no insurance company is looking to develop care products. Specifically care products that will work in conjunction with the cap to cover the so-called catastrophe costs. This phrase and the idea behind the […]

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In the crosshairs: Politicians and regulators take aim at non-advised business

Non-advised business models will be in the crosshairs of politicians and regulators no matter the outcome of this week’s general election, Money Marketing understands. Ros Altmann – who is to be made a Conservative peer and appointed minister for consumer protection if the Tories form a Government – says she will explore banning commission entirely. […]

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Towergate Financial rebrands as Wren Sterling

Towergate Financial has rebranded to Wren Sterling following a management buyout. The new name will cover Towergate’s 110-strong adviser business. Mortgage broker John Charcol is expected to retain its existing identity. Palatine Private Equity completed a £14m deal in support of last month’s management buyout, backing Towergate Financial chief executive Warren Page to lead the […]

duckworth

Profile: Openwork’s new chief on the dearth of advisers

When Openwork chief executive Mark Duckworth speaks about the drop in adviser numbers since the late 1980s the figures sound astonishing: 285,000 advisers serving a UK population of 50 million in 1989, compared with 23,000 advisers available for 64 million people today. Put another way, there are currently around 200,000 consumers for every adviser when, […]

Investment

Credit market outlook 2018

Credit is a building block of many portfolios, and has achieved strong returns in recent years. As 2017 draws to a close, Jonathan Platt, Head of Fixed Income at Royal London Asset Management, looks at some of the key questions that investors will be asking as they review their portfolios. Read the article here Past […]

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