I was very interested in the article ‘Back-book causes backlog at ‘overloaded’ Windsor’ (14 February), as I have experienced the problem first-hand. Our client is transferring the proceeds of a pension plan to Norwich Union so that he can crystallise his benefits. The relevant papers were received by Windsor Life on 4 January 2008. The […]
Aifa director general Chris Cummings has hit out at Chancellor Alistair Darling for announcing measures to mitigate increases in small business corporation tax for some industries but not advisers.In last week’s Budget, the Chancellor set out a number of concessions to small businesses to help soften the increase in corporation tax on small firms from […]
I am clearly not the only person in the UK wondering exactly what the difference is between generic financial advice and money guidance, the former having been dropped in favour of the latter by Otto Thoresen.
We know what it takes to run a successful auto-enrolment project in the retail industry. We are automatically there for some of the world’s best-known retailers at every stage of the process. Take a look at what we have done for our client House of Fraser.
FP Wealth Management and wealth manager LGT Vestra have joined “plug and play” advice training initiative, Future of Advice. Future of Advice was set up this year by Bournemouth-based IFA Kevin Forbes of Strategic Solutions in partnership with advice consultants Simplify Consulting and representatives of Bournemouth University. The programme offers student placements in financial advice […]
Another pensions dashboard deadline has come and gone, despite the original intention to launch in 2019. The feasibility study, first expected in spring and then delayed until summer recess, has still not been published. This begs the question: will the dashboard ever become reality? Rumour abounds that secretary of state for work and pensions Esther […]
Seven Investment Management has cut gold from most of its multi-asset portfolios as it moves towards general commodities. 7IM first started eliminating gold from its portfolios last November, when it was cut by 1 per cent across portfolios, and then again this February, with a further 2 per cent cut. Now, it has dropped gold from […]