With redundancy rates rising thanks to Lehman Brothers, Bradford & Bingley, Lloyds/HBOS et al, questions are being asked of those providers offering protection against unemployment. Are they offering enough advice on the product? How well positioned are insurance firms to deal with the imminent influx of redundancies? And will providers start cherrypicking a client base, swerving to avoid those working in the financial sector?
Iceland’s trade unions are being urged to repatriate foreign assets to shore up extra funding for the country’s financial system.Pension funds are being asked to repatriate foreign assets as the Central Bank looks to strengthen foreign exchange reserves.Last week, the Icelandic government nationalised the country’s third largest bank, Glitnir, sending the local Krona currency into […]
In a recent study, my organisation identified that the potential market capitalisation of advisers in the retirement market over the next 10 years could be as much as £7.5bn. Given this is many times the entire market capitalisation of the quoted UK IFA sector, it is fair to say this area represents the largest single opportunity for the adviser community today.