View more on these topics

Field calls for new basic pension

The Pensions Reform Group, led by former welfare minister Frank Field, has launched proposals to abolish pensioner poverty by creating a new basic state pension. The report proposes a new funded pension, the Universal Protected Pension, to be built up over 40 years and merged with the existing pay-as-you-go National Insurance based state pension. This would provide a pension set at just over 28 per cent of average earnings.


Threadneedle Investments – Threadneedle Strategic Bond Fund

Monday, 15 October 2001.Type: Oeic.Aim: Income and growth by investing in high yield and investment grade corporate bonds.Minimum investment: Lump sum £2,000.Investment split: Investment grade corporate bonds 60 per cent, high yield corporate bonds 40 per cent.Yield: 7.5 per cent.Isa link: Yes.Pep transfers: Yes.Charges: Initial 3.75 per cent, annual 1.25 per cent.Special offer: Initial charge […]

450 IFA firms registered for Transact tools

Portfolio consolidator Transact has passed the £100m sales mark just 11 months after its launch into the UK market.The trading platform, which earlier this year formed a strategic alliance with the AITC, now boasts more than 300 firms of advisers on board, with a further 150 registered to begin using the service in the near […]

Cutting costs of staff sickness

Staff sickness absence is costing companies up to 16 per cent of their annual salary bill but half the costs could be avoided, according to research by income protection provider Unum.The report is the culmination of a year-long survey by the Institute of Employment Studies of a crosssection of UK businesses on behalf of Unum.It […]

Jupiter expands IFA support service

Jupiter has made two new recruits to its broker support team, as part of the restructure and expansion of its IFA support services.Louise Fish joins from F&C investment management, and will be responsible for broker support in the south west of England.Pritie Sharma joins from Chase de Vere Investments, and will be responsible for broker […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment