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 Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]