View more on these topics

FSA publishes stakeholder persistency monitoring

The FSA this week publishes its consultation paper on how accurate information on persistency rates for stakeholder pensions will be monitored.

The move follows the acceptance by the regulator that existing methods of collecting and analysing persistency are not always appropriate to stakeholder schemes which are explicitly designed for policyholders to take payment holidays.


CGNU consolidates position in Spanish bancassurer market

CGNU is forming a bancassurance partnership with Spain&#39s fifth largest savings bank Caixa Galicia, which will see it take a 50 per cent stake in the Spanish bank&#39s life and pensions subsidiary.The deal marks CGNU&#39s third bancassurance partnership in Spain, where 80 per cent of long-term savings sales go through the bancassurer channel. CGNU is […]

FSA probes policies for cash bias

The FSA has launched an investigation to determine if IFA commission levels affect the products and providers they recommend to clients. The regulator is demanding that life offices supply it with information about the commission they pay IFAs on the extent of their product range. Life offices must hand over the numbers of new policies […]

Northern Rock rolls out three savings bonds

Northern Rock has launched three new fixed rate bonds with fixed interest rates of 5.80 per cent gross for one year, 5.90 per cent gross for two years and 6.00 per cent gross for three years.The bonds will be available from August 7 with a minimum opening balance of £500 and a ceiling of £2m. […]

High court says windfalls not counted in pension review

The High Court today decided investors will not have their pensions misselling compensation reduced because they received demutualisation benefits.Law firm Reynolds Porter Chamberlain representing personal indemnity insurer Collegiate and IFA firm Needler says it is disappointed at the outcome of the windfall shares test case.It argued as a matter of common sense losses from pensions […]

Looking back at 2015

By Fiona Tait, Pensions Specialist 2015 was quite a year for pensions. Change, more change, and proposed changes to the changes. The Spring Budget – pre-election plans With everything that has happened since, it is hard to remember what happened in March. Following on from the bombshell of the 2014 Budget, the Chancellor confined himself […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm