Individual insolvencies in England and Wales have fallen by 5 per cent in the last year, says the Insolvency Service. Individual insolvencies now stand at 26,072, a decrease of 3 per cent on the previous quarter.
The total of new equity release plans sold in Q3 2007 has increase by 15 per cent, says SHIP.Its third quarter figures show that the number of equity release plans have increased from 6,954 in Q3 2006 to 7,981 in Q3 2007.The total value of new business written reached £325.3 million, the highest quarterly figure […]
St James’s Place has seen its sales grow by 28 per cent in the first nine months of the year and says it is on track to beat its staff target for the year.Sales have increased to £315.4m, with investment business up by 31 per cent to £176.8m and pension business up by 32 per […]
I was pleasantly surprised when talking recently with Keith Robinson, support director at Origen, who is very happy with the recent deployment of Quay Software’s customer care desktop product in his organisation.
Bupa says some IFA networks have been asking protection providers to increase their basic premium rates to boost adviser commission payments.The firm says it has been urged by networks to put up premiums , most recently for critical-illness cover.Individual protection product and marketing manager Steve Casey says he is concerned this will encourage dual-pricing and […]
Vincent Chailley, CIO of H2O Asset Management, discusses the key investment factors in 2016, including volatility, the disconnection between central banks and its implications on markets, as well as opportunities that may exist for investors.
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Justin Modray says the RDR will make little difference in the way most advisers are paid.
M&G is merging its Global Leaders fund into the Global Themes fund in the wake of a review resulting from fund manager Aled Smith’s decision to step down. The proposed merger has been approved by the regulator but is still subject to approval from shareholders. The Global Themes fund will continue to be managed by […]
Face-to-face advice still holds a firm place in serving clients, despite an increasing demand for mobile and remote services in adviser practices. Research from consolidator Fairstone from November shows there has been a 10 per cent decrease in the use of face-to-face financial advisers over the past seven years. However, advisers speaking to Money Marketing […]