You have to take your hat off to the big networks. Somehow they seem to have convinced their members that moving from their network to a competitor is akin to Dr Indiana Jones' journey to the Temple of Doom.When you speak to network members, they seem to believe that the transfer process is fraught with […]
Legal & General has cut its annual bonus rates by up to 25 per cent on life policies and maturity payouts by more than 15 per cent.Annual bonuses on life policies fall to 1.5 per cent from 2 per cent in 2000 on the sum assured and to 2.75 per cent from 3.5 per cent […]
Members of approved occupational schemes, whose benefits are below the maximum allowed by the Inland Revenue, can consider a number of routes to increase their benefits.A contribution could be made to an in-house AVC or FSAVC. This would need to be within the aggregate maximum personal contribution of 15 per cent of remuneration, capped where […]
Age Concern has become the latest employer to close its finalsalary scheme and slash its contribution levels for new members in favour of a moneypurchase scheme.The charity estimates it is having to earmark around 21 per cent of the salary budget to maintain the final-salary sch-eme, with an employer contribution of 16.5 per cent and […]
Arguing that the eurozone crisis is over, watch Rob Burnett, head of European equities at Neptune, discuss the sectors that he’s investing in to harness the recovery.
In the video, Burnett addresses the following:
• The primary drivers of the eurozone’s economic recovery • The turnaround in individual countries’ current accounts • Sectors best positioned to harness the recovery, without offering undue exposure to risk
How to make a pot of money last a lifetime- this is the crux of the retirement challenge. While the retirement landscape has undergone significant changes, the fundamentals of the challenge have remained the same but the responsibility for addressing it has shifted from institutions to the individual. Drawdown accounts are now the most popular […]