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Firms get tailored help in Raising Standards

The Pensions Protection Investments Accreditation Board is offering a service to help firms seeking accreditation under the Raising Standards initiative.

The new set-up stage in the accreditation process builds on experience gained during the first wave of accreditations in the scheme&#39s first year of operation. Brands will get help in preparing efficiently for accreditation and receive a tailored support programme. There will be no rise in the accreditation fee as a result of the service.

Chief executive John Cox says: “With over a third of the market accredited and a further third seeking accreditation or in preliminary discussions, Raising Standards has succeeded in securing the commitment of a significant proportion of the market in a very short space of time. Maintaining this momentum and ensuring the demanding standards are attained and upheld remain our key priorities. We anticipate this additional stage will help ensure continued momentum, attracting brands early on to benefit from our accumulated expertise in aligning accreditation with the best deployment of resources. We hope this enhancement to our service will appeal to all applicants including smaller brands.”


T&G makes Sipp debut

Teather & Greenwood Investment Management TGIM SIPP Type: Full Sipp Minimum investment: Lump sum £75,000 Investment choice: All Inland Revenue permitted investments Administrator: Wolanski & Co Trustees Charges: Initial £350, annual £400 Commission: Subject to negotiation Tel: 020 7426 9003 The panel: Ian Anderson, Director, Silvesters, Bob Lawrence, pensions director, Duncan Clarke, Mike Humble, Regional […]

Aifa welcomes rethink on Defined Payment

Ron Sandler&#39s approach to remunerating advisers is more practical than the Defined Payment system proposed by the FSA according to Aifa chairman Lord David Hunt. He cautions, however, that in depth examination about how to practically implement the proposals will be important.The trade body also welcomes the proposal for a distinctive definition of an adviser, […]

Britannia International – 3 Year Fixed Rate Deposit Account Issue 2

Monday, July 8, 2002Type: High interest accountMinimum-maximum investment: £10,000, £5,000 for existingBritannia International customers-£1mPlace of registration: Isle of ManInterest rates: £5,000-£24,999 5.15% gross a year, 4.85% gross amonth, £25,000 and above 5.25% gross a year, 4.95% gross amonthTerm: Three yearsOffer period: Until further noticeWithdrawal penalties: No withdrawals permitted during termTel: 01624 681100

Family of new stakeholder products proposed

A new family of priced capped, catmarked stakeholder-style products should be created for sales outside the currently regulated advice structure according to the Sandler review.The products would be price capped at one per cent and cover a mutual fund or unit linked life fund, a pension fund and a with profits product with consideration given […]


Britain's “Forgotten Army”: The collapse in self-employed pension membership – and what to do about it

Pension scheme membership among employees has risen by more than five million in the past four years because of the policy of automatic enrolment into workplace pensions. But Britain’s army of 4.4 million self-employed people, who account for one in seven of the workforce, are not covered by automatic enrolment. Pension coverage among the self-employed […]


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