View more on these topics

Forum for Financial Advice picks PR over advertising

The Forum for Financial Advice has ditched plans for an advertising campaign to concentrate on lobbying and PR.


The forum, set up to defend the concept of financial advice and drawing membership from both the IFA community and direct sales life offices, is now to consult on a definition of financial advice.


It will launch a consultation exercise with the advisory industry and is setting up a consultative group, the first member of which will be Friends Provident.


And it has decided to stay as a strategic body, aiming to create and drive agreed messages promoting financial advice.

Recommended

A&L cuts flexible mortgage rate

Alliance & Leicester is cutting its flexible mortgage rate to 7.49 per cent from 7.64 per cent after reductions in the Bank of England&#39s base rate.A&L&#39s flexible mortgage lets borrowers make overpayments which cut total interest repayments. This could shorten the term of the mortgage. There is no minimum or maximum overpayment and borrowers can […]

Pru cuts variable rate

Prudential Banking is cutting its standard variable rate for mortgages by 0.5 per cent to 8.2 per cent.The bank says house purchase customers with a Lifetime Guarantee mortgage will see their interest rate reduced to 7.24 per cent and re mortgage customers to 7.35 per cent.Pru Bank mortgage marketing manager Kathy Taylor says: &#34These rate […]

Pictet unveils pan-European institutional fund

Swiss-owned Pictet Asset Management UK is launching a pan-European institutional fund based in London.The fund&#39s objective is to achieve long-term growth by investing in a diversified portfolio of pan-European equities with a strong emphasis on sector positioning and fundamental, analytically-based stock selection.The fund has already attracted US$40m of investment, including a significant proportion from Scandanavia, […]

Revenue may ditch proposals for drawdown flexibility

The Inland Revenue admits it may now ditch proposals to make income drawdown and occupational pension retirement options more flexible.Life offices had originally hoped for an announcement allowing income draw down to be taken directly from occupational pensions and greater retirement flexibility later this year. But following delays in the publishing of a consultation paper […]

Guide

Guide: how to change your auto-enrolment support

As we approach the two-year milestone of auto-enrolment, employers have had the opportunity to truly assess the capabilities of their chosen support. They are also now realising that getting to the staging date was the easy part, and that support is required for almost every aspect of the day to day running of their scheme. With the three-year re-enrolment window coinciding for many with the total removal of commission and Active Member Discounts from pension-related products and services, as well as the introduction of the pension charge cap in April 2015, many employers will have no choice but to review their support options. But, what is involved in transitioning your auto-enrolment scheme away from your current support options? This guide from Johnson Fleming aims to outline some of these key areas and provide information and discussion points on what you need to consider.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment