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 […]
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Aviva has triggered a five day platform blackout as it moves to new technology. The platform will be unavailable from 6pm on Wednesday 17 January through to Monday 22 January while the provider manages its transition onto an updated system run by technology provider FNZ. The downtime will affect Aviva’s investment platform only, but other adviser […]
JLM Mortgage Services has launched the first stage of its new ‘robo advice’ service. The mortgage and protection network claims it is the first network to launch such a tool to its members. The Virtual Adviser will allow member brokers to offer an online service to residential and buy-to-let customers. This service will offer an […]
Providers should listen closer to advisers and consumers when deciding what initiatives will work