Bright Grey commun-ications manager Mark Locke is leaving to join Aegon’s PR team on August 10. Locke will continue to look after protection as well as employee benefits at Aegon.
Yields on investment in residential property have fallen consistently over the past five years – leading to claims that the sector is no longer attractive and announcements from some quarters that the buy-to-let market will collapse.
Friends Provident is introducing a lifetime nil-rate band trust with the intention of reducing clients’ inheritance tax liabilities by up to 110,000. The trust will initially be available only to married couples. However, it will be opening up to registered same-sex civil partners from December 5, 2005. Friends Provident says the trust will allow clients […]
There are some slick PR machines out there but Finsbury is certainly not one of them. Ringing an MM hack, the wannabe Max Clifford fell silent after the initial greeting then, after a lengthy pause, confessed she would have to ring back when she could remember who her client was. Clearly working on a blue-chip […]
The group insurance division of Canada Life launches its employee assistance programme service.The package, provided by ICAS, will be offered to existing clients as an extension of the group income protection scheme as well as new business clients.The EAP package offers a confidential and unlimited personal support service staffed by qualified counsellors, up to six […]
It has taken a little longer than expected, but finally the jaws of regulation are closing on those employers who have failed to meet their auto-enrolment (AE) legal duties.
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Another investment manager offering enterprise investment schemes has alerted clients of a 10 per cent drop in value for one of its portfolios following new Mifid rules. Mifid II, which came into force on 3 January, requires firms to notify clients when the overall value of their portfolio, relative to its value at the beginning of each reporting […]
The recent enquiry by the work and pensions select committee has reignited the debate about the future of collective defined contribution schemes. Whether these sort of schemes can be incorporated into the current UK pensions landscape is a moot point. Let’s consider some of the arguments for and against CDC. First of all, it is […]
Retirement interest-only mortgages are set to become more popular following the FCA removing hurdles to selling them. The regulator sees RIO mortgages as a possible aid to the waves of maturing interest-only loans with no repayment strategy. However, the FCA also wants RIO mortgages to be sold more widely, for example as an additional option […]