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Inscape takes a Sipp

Abbey National&#39s wealth management business Inscape is launching a self-invested personal pension as part of plans to establish a new retirement planning service for clients.

The Sipp is fully invested in a tailored Inscape Portfolio and carries all the standard benefits of Sipps including flexibility over where funds are invested and how retirement benefits are received.

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Specialist lenders are winning broker business

More than three-quarters of mortgage intermediaries deal with specialistas well as mainstream lenders, according to new research from UCB HomeLoans. The Nationwide Building Society subsidiary which specialises in lending toself-employed people and other non-conformist borrowers says 78 per cent ofmortgage brokers use specialist lenders. UCB says there are two major niches within the specialist market. […]

Equitable slashes bonuses but MVA is halved to 7.5%

Equitable Life is slashing with-profits pension funds by 16 per cent andlife policies by 14 per cent by cutting terminal bonuses. A fund quoted at December 31, 2000 to have a value of £50,000 willfall to £42,000. If the guaranteed value of the fund is higher, thatvalue will be paid. No reversionary bonus will be […]

Government unleashing new pension ad campaign

The Department of Work and Pensions plans to embark on a second pension addrive before the end of the year. The DWP says it will be similar to the working dogs campaign which ran onnational television and in cinemas in March this year. Stakeholder will bepromoted alongside occupational and state pensions as one of the […]

The Day of (B)reckoning

A period of exceptional uncertainty started last Friday for the UK, including a fierce leadership battle in a deeply divided Conservative party, the timing of the trigger of the EU’s Article 50, as well as a potential referendum in Scotland, and Northern Ireland. Click here to read the full article

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