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Friends Ivory & Sime to launch new funds

Friends Ivory & Sime is set to launch two new fund of funds products later this year, in a bid to build its presence in the growing multi-manager market.

The products are likely to be technology and green funds of funds.

FI&S says it will look to launch the products once it has replaced its multi-manager team, which was poached by Rothschild Asset Management earlier this year.


Nine-month deadline to resolve Equitable dispute

Equitable Life has only nine months left to settle the dispute between policyholders to trigger the second tranche of payment from Halifax. This means it faces a tight schedule to draw up the det-ailed scheme technicalities, consult on the draft, get court guidance, vote on the eventual proposals and get the final go ahead from […]

Your Pension @ Norwich Union

NORWICH UNION Your Pension @ Norwich Union Type: Group stakeholder pension. Minimum premium: £20. Minimum group size: 1. Minimum-maximum ages: 16-74. Fund links: Stakeholder with-profits, balanced managed, UK index tracker fund, sustainable future managed, retirement protection, deposit, defensive managed, UK equity, European equity, US equity, global bond, global equity, Pacific equity, index-linked gilt, gilt, international […]

Software developed to assess endowment misselling

Oxford Actuaries and Consultants, a provider of consultancy and information services to the insurance and pensions industry, is launching a new software system to help companies calculate compensation if endowment mortgages are found to be missold. Its Endowment Mortgage Expert System, based on technology developed during the pensions review, is designed to lead the user […]

Stakeholder payments simplified by electronic purse

Cashless payment technology provider Transacsys is unveiling a service that allows employees to make payments into their stakeholder pension scheme with no administration cost for employers. The service, developed from its workplace vending machine technology, will mean employees can make unlimited numbers of low value payments for no extra cost, through an electronic purse held […]


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