Norwich Union’s individual pension sales fell to 2.5bn last year from 3.1bn in 2004. Equity-release sales fell to 374m from 478m but collective invesetment business rose by 35 per cent to 1,16bn.
London is awash with fancy bars and lavish restaurants to choose from when making a big announcement or launch so when Pink Home Loans decided to brave the stag and hen night haven Walkabout on Shaftesbury Avenue for its big day, it probably took many by surprise. On second thoughts, a room full of mortgage […]
Arla says nearly four million new homes will be needed in the next 15 years.
Smith & Willliamson
Edge Performance VCT
Life offices will have to refuse new group pension business or impose extra charges on small and medium-sized employers if Adair Turner’s NPSS plan gets the go-ahead, warns Scottish Equitable director of pensions development Stewart Ritchie. He says it is inevitable that pension business will take flight into an NPSS scheme, leaving life offices with […]
Smart utility metering; fitness trackers; connected cars; smart factories; precision agriculture: the internet of things encompasses myriad applications. But how do you gain exposure – and profit – from this growing trend, asks Neptune fund manager & CTO Ali Unwin. Read more: Important information Investment risks Neptune funds may have a high historic volatility rating […]
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As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]