Insurance broker Goodfellow is launching a new income protection policy that will offer a tax -free cushion of up to £12,000 irrespective of gender, age or occupation.
House prices continued to flourish in January, increasing by 2.2 per cent compared with 2 per cent in December, according to Halifax's monthly house price index. The average house cost was £145,610 in January compared with £142,408 in Dec-ember while the average price paid by a first-time buyer passed £100,000 for the first time at […]
Pensions minister Andrew Smith has presented the Pensions Bill to the House of Commons. The bill, which aims to strengthen the rights of individuals with benefits in final salary schemes, will be published tomorrow morning. It is also expected to set out the structure of the pension protection fund.
Scottish National Party MP Alex Salmond has challenged the Treasury over its financial reserve requirements for mutual companies. Salmond raised fears over the future of demutualised life companies in a debate at Westminster Hall in London last week. He is concerned that Standard's mutuality review could see the company taken over by a rival, similar […]
Winterthur Life is offering a new tool it says will help IFAs maximise their clients' chances of achieving their financial goals. The portfolio balancer, an online portfolio planning and asset allocation program, includes a simulator which helps advisers work out the statistical probability of achieving their clients' goals through stochastic modelling techniques, target asset allocations […]
As more and more employers reach their auto-enrolment staging date, thousands of HR, pensions and finance professionals have been tasked with navigating the minefield of ongoing scheme governance and auditing with little support.
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Financial Ombudsman Service chairman Nicholas Montagu has defended the skills of the adjudicators at the complaint handling service. In a letter to the FOS, The Claims Bureau chairman Peter O’Donnell claims that a number of cases he is handling had been delayed by over 11 months, and claims that ombudsmen had told him that the […]
The Federal Deposit Insurance Corporation, a US government agency, has filed a lawsuit against some of the UK’s largest banks over manipulation of Libor, which it argues was skewed against the banks it had to rescue during the financial crisis. The agency has brought a claim against nine banks, including Barclays, Lloyds Banking Group and RBS, in […]
Royal London has defended moving its Ascentric platform to an “all-in” pricing structure earlier this year, saying the decision has paid off with a spike in Sipp accounts. In May, Ascentric moved to a single account charge, ditching trading fees and charges for Sipp and drawdown administration. However, portfolios under £1m are now charged at […]