Winterthur Life is rolling out the second tranche of its stockmarket pension fund which gives equity-linked growth with security. The fund is linked to the FTSE 100 index for five years and is available to all pension investors. Winterthur believes the fund is particularly suitable for self-invested personal pensions and small self-administered schemes. It guarantees […]
Nearly two-thirds of life offices are worried about the level of demand for their products in the coming year, with a record proportion looking to boost marketing spend. According to a quarterly poll carried out by the CBI and Coopers & Lybrand at the end of last year, 63 per cent of insurers are concerned […]
One of the key issues in the stakeholder pensions debate is the degree of regulation appropriate to the products. Would it be prudent to exclude stakeholder pensions from the present framework of regulation by introducing some form of kitemarking? On the face of it, there are advantages to this. First, providers would not need to […]
On April 17, Standard Life issued a with-profits endowment policy maturity value quotation of £17,200 at 5 per cent a year return and £17,600 at 10 per cent a year return. On October 13, I received maturity papers showing an actual value of £18,984 for the maturity date of November 24. How many policyholders cash […]
Two years since the process of auto-enrolment began, the looming re-enrolment deadline provides the perfect opportunity to assess whether the support you have in place, which may well have been hastily selected at the start, is fit for purpose. Johnson Fleming is holding a webinar on 10 September at 11:00 to discover the key issues and concerns you should consider when thinking about your current support options.
What if we did not know as much as we thought we did? And what if some of what we learned was actually wrong? How would we find out? I do not have the answer but the recent introduction of a re-evaluation exam by the FCA and the Chartered Insurance Institute could be a step […]
Financial Ombudsman Service plans to review past decisions remain too process-driven despite an important change to how they will be judged says MP Nicky Morgan. FOS is planning to review decisions made soon after it reorganised in 2016, and has provided details of its proposed methodology to the Treasury select committee. It outlined a two-stage […]
Aegon has announced a 15-year contract with IT company Atos to service and administer 1.4m of its non-platform business customers. The clients hold a variety of different types of protection policies. Aegon will continue the administration and servicing of all platform policies and schemes across Aegon Retirement Choices, Aegon Platform (previously Cofunds and Investor Portfolio Service), TargetPlan […]