Friends Provident is look-ing to triple UK new business profits between 2005 and 2008 from 64m to 180m-200m. It says a 30m-40m investment programme, including up to 20m on its wrap and Sipp capabilities, will help it achieve this target.
Bee believes court challenge would follow abolition
Investec has dropped Black Rock and is bringing its European fund in house, to be run by Nigel Hankin and Ben Williams. The fund has been run by BlackRock’s Albert Morillo since 2002.
Coventry Building Society
MOREgage 6.19% Fixed
Autumn is the time of year when we have the opportunity to attend events focused on issues relevant to our business.
Royal London carried out a UK wide survey with 2,500 consumers age 35-44 over the summer. The survey found that over a third, 34 per cent, said their finances felt Squeezed and so were struggling to meet day-to-day expenses, despite 87 per cent being aware that they need to save more. However, the survey did […]
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As the outlook for the UK’s economy remains uncertain, how can advisers prepare portfolios for any change in inflation? As higher inflation fails to appear on the horizon and wages grow faster than expected, fund managers are weighing up their portfolio moves for any potential changes in the economy. The UK consumer prices index rose […]
IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]
Hartley Pensions has bought the “untainted” assets of the Lifetime Sipp Company, which went into administration earlier this year. An update published today on the website of Lifetime’s administrators Kingston Smith & Partners says Hartley Pensions has also agreed to administer the tainted Sipps held by Lifetime Sipp. The administrator described tainted assets as those where […]