Judges saw a diverse range of campaigns, but decided Beard Insurance should win the Best Use of Social Media category based on its fun, tongue in cheek concept. It was felt that SunLife used humour effectively to pitch to a specific demographic which would have typically been unlikely to engage in buying insurance products.
Six pension providers have signed up to a voluntary framework of professional standards launched by the Chartered Insurance Institute to boost public confidence after the introduction of pension freedoms. Aviva, Standard Life, Scottish Widows, LV, NFU Mutual and Old Mutual Wealth have all committed to the framework, called the 2016 Commitment. Phoenix Group, Reassure and HCL […]
A senior civil servant in the Treasury is set to swap Whitehall for the City to take on the role of chairman of Legal & General. Treasury acting permanent secretary John Kingman is reported to be the frontrunner for the role, The Times reports. The three-day-a-week role pays a salary of £340,000. An application is […]
Financial Services Compensation Scheme chief executive Mark Neale has hit out at advisers’ professional indemnity insurance as being unfit for purpose and called on PI insurers to reveal how they decide what premiums to charge. Speaking at our flagship Money Marketing Interactive adviser conference in London last week, Neale criticised the way the current PI […]
Royal London Asset Management UK Equity Fund Managers Martin Cholwill and Richard Marwood look at the compounding effect of dividend growth for UK equities and how it drives returns over time. Read the article in full The value of investments and the income from them is not guaranteed and may go down as well as […]
At the end of July, the Pensions Regulator issued its quarterly update on auto-enrolment (AE) compliance by employers in the UK. The full report can be seen under the quarterly bulletins section here.
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The rise in IHT takings has prompted complaints around the new residence nil rate band’s impact
The Association of Investment Companies will not be hosting the new key information documents on its website saying to do so would be irresponsible. Since 1 January, Priips legislation has meant advisers have to publish a stand-alone, standardised KID to their client including performance scenarios, risks, and the total cost of products. However, trade bodies […]
The Financial Services Compensation Scheme has paid out £5.7m so far to nearly 800 customers of collapsed discretionary fund manager Strand Capital. The payments were made to 796 investors over the past two weeks. The payments related to client cash only. The compensation was paid directly into customers’ self-invested personal pensions. An administrator’s report published in […]