The FSA has banned Atom Associates director Ayodele Olubunmi Thomas for submitting inflated income information to obtain mortgages and loan advances.
Bupa Individual Protection is reducing the guaranteed rates on its income protection product by more than 10 per cent.
The Association of British Insurers is likely to hold another consultation on its proposals to scrap total permanent disability from critical-illness policies after negative feedback. Plans to replace TPD with a set of new definitions as part of the ABI’s statement of best practice for CI have come under fire from members, including Munich Re […]
Former Skandia UK business unit head of finance Mark Williams is joining Cofunds as its new finance director. MoneyMarketing.co.uk revealed this week that Williams will be replacing finance director Andrew Harris, who is leaving along with co-founder Andy Creak. Mark Williams left Skandia in August 2008 following a reshuffle of its wealth management unit, which […]
Annie Shaw assesses the difficulties of seeking income at a time that dividend-payers are cutting their payments but reports that a revival could be in sight
The rally in cyclical ‘value’ stocks paused for breath in February, as investors took a more cautious tone and switched their attention back to defensive areas. In this article, Jacob de Tusch-Lec, manager of the Artemis Global Income Fund, explains how he has positioned the portfolio, given the many economic, geopolitical and policy risks that […]
- Top trends
- Top trends
- Pension tax relief in firing line as Hammond mulls ‘intergenerational fairness’ Budget
- Martin Lewis wins claim against PPI chaser that used his image
- Scottish Widows mulls Standard Life corporate pensions book takeover
- The future of Cofunds: What next for a platform titan?
- How much are advisers charging for pension transfers?
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Three fund selectors give their views on choosing passive funds, blending, and investor suitability
The youngest ever fellow of the Personal Finance Society has moved to a new advice firm. Vito Faircloth gained the accolade last year at the age of just 22. He became level four qualified in August 2015 before taking additional exams with the professional body. Chief executive Keith Richards described the achievement as “truly remarkable”. […]
Providers are calling on the Work and Pensions Select Committee to tackle the advice gap and tax on pension withdrawals in its review of pension freedoms. The committee said last month it was opening an inquiry into whether the pension freedoms are achieving their objectives and if policy changes are needed. In its submission to […]