The Fairness for IFAs Alliance is holding a discussion group for IFAs concerned about dealing with the pensions review at the Renaissance Hotel in Gartwick, near London, on Thursday 2 December. For details contact the alliance on 01273-573842.
Insurance companies and banks do not provide enough information to keep their investors happy, according to a survey by accountants PwC.Greater disclosure cound help companies secure higher share prices and cheaper capital because a failure to provide information can hold back share prices, claims PwC.
House prices are 13.3 per cent higher than they were this time last year, according to latest research by Nationwide Building Society.The rise is the fastest annual rate increase since the 1980s housing boom.Figures show prices across the country rose 1.9 per cent in November. The average price of a house is now £74,954.
With-profits investment products will be wiped out in a decade unless the life industry cleans up its act, according to the Faculty of Actuaries.Faculty president Fraser Low believes life assurers and pension providers must slash charges and make products easier to understand to survive.The £2.2bn a year with-profits industry is currently facing a threat from […]
The London Stock Exchange says daily trading volumes for a November are at their highest level ever, with average daily turnover of more than £4bn and more than 100,000 trades executed in the past 14 trading days.The exchange recorded a 32 per cent leap in pre-tax profits to £26.5m for the six months ending September […]
Lorna Blyth, Royal London Do guarantees benefit customers and, if so, when? To answer this conundrum we commissioned Millimans, a global actuarial consulting firm, to conduct an independent review of the UK retirement income market and whether guarantees really do offer customers better value for money. The brief The study was one of the most comprehensive undertaken […]
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Moneyfarm has announced that it will introduce charges where there previously were none for portfolios below £10,000 or above £1m as it ups its pricing in line with other robo-advisers. Fees across all portfolios will either rise or remain the same, with £20,000 to £100,000 and £500,000 to £1m the only invested amounts that will […]
Tupperware is my nightmare. Ok, that and my trolley suitcase, as I am often reminded by a friend who once enjoyed a violent (pathetic) outburst as I wrestled unsuccessfully with its narrow wheel base. But my luggage comes second to the horrors that lurk behind one particular swivel cupboard in my kitchen. A dystopian mountain […]