Aegon chief executive Otto Thoresen has joined the ABI’s customer impact panel.
Wesleyan Assurance has become the latest company to join the scheme which represents almost 90 per cent of the UK life and savings industry.
Bradford & Bingley has confirmed that arrears levels have continued to rise in the first quarter.
Jim Slater, who is probably the most successful British investment guru, is an expert at spotting trends. He believes that investing in Brazil is the best way to profit from the ongoing strength in agricultural commodities, which he believes will be a highly profitable area.
Hornbuckle Mitchell managing director Neil Marsh died last week aged 47 after a two-and-a-half-year battle with cancer.
The FSA has banned Northern Ireland mortgage broker John Paul Keay for failing to have systems in place to prevent mortgage fraud.
Since last year’s reforms to pension legislation, a significant number of retirees have chosen income drawdown over purchasing an annuity. Income drawdown is more flexible than an annuity. However, it also increases the likelihood that individuals won’t be able to maintain their income throughout their lifetime. In this short video, we explain the risks that […]
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Some investors holding money with Blackmore Bonds are yet to receive July interest payments, despite the firm’s insistence all funds have been transferred and cleared. One such investor has told Money Marketing they have been “ignored” by Blackmore. Chief executive of the mini-bond provider Patrick McCreesh told Money Marketing this week that some investors holding Isas […]
Rebates have been confirmed as taxable this month, in the long-running clash between Hargreaves Lansdown and HMRC. This effectively confirms “superclean” share classes are the most tax-efficient mechanism for delivering preferential rates on funds, rather than the oxymoronic “clean with rebates”. Asset managers will be very reluctant to implement multiple share classes at varying prices […]
Collapsed Sipp administrator GPC Sipp has nearly £1m in debts owed to creditors according to a statement of affairs document published on Companies House. It shows there is a shortfall of £964,832.00 owed to creditors and most of the Sipp shares are owned by managing director Kathryn Taylor who holds 73 shares. The others are […]