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FSA may re-open endowments claims

Reynolds Porter Chamberlain has warned the FSA could attempt to re-open mortgage endowment misselling claims which are currently time barred on the back of the Treasury Select Committee&#39s report into the matter. The law firm predicts an increase in the volume of misselling claims would be “almost inevitable” as a result.


&#39Budget changes will not affect ScotEq RIT&#39

Scottish Equitable says changes to the taxation of gifts with a reservation announced in the Budget will not affect the relaunch of its reserved interest trust. The company says the product is the first discounted gift trust to allow a choice in the way withdrawals from capital are made. The RIT allows investors to potentially […]

Advisers must account for CI rebroking to get PI renewed

Professional indemnity insurers are turning their attention to critical-illness insurance rebroking, telling IFAs they will have to account for any of this business before they see their coverage renewed. Speaking at the Money Marketing Fair Deal for IFAs round table, Direct Life & Pensions sales and marketing director Richard Verdin said his firm was told […]

Forsyth Partners – Forsyth Alternative Strategies Series One &#45 Income Generator Note

Type: Capital-protected fund of hedge funds Aim: Income and growth linked to the performance of a portfolio of hedge funds and cash Minimum investment: Lump sum $50,000 Place of registration: Dublin Term:10 years Guarantee: Original capital returned in full regardless of performance of underlying funds Return: Years one to five&#45 the greater of 2% income […]

Parliamentary summit looks at home packs

Mortgage and property industry representatives were brought together with members of the Houses of Commons and Lords last week in a meeting hosted by the National Association of Estate Agents which looked at the Government&#39s controversial home information packs. The meeting was chaired by Labour peer Lord Corbett and views were heard from the CML, […]

Leading Edge June – Investment panel debate

RLAM’s asset class specialists discuss some of the findings from the panel session at our recent Investment Conference. By Rob Williams, Head of Distribution Welcome to the latest edition of Leading Edge. It has been an eventful six months since the last e-zine. The European Central Bank announced ongoing stimulus measures, while the immigration crisis in Europe threw the […]


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