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Johnson to speak at ABI summit

Minister for Work and Pensions Alan Johnson will be the main speaker at this year&#39s ABI Saver Summit. Johnson will lead debate on Saving for Retirement: Today&#39s Problem, Tomorrow&#39s Solution at the QEII Conference Centre, London on Tuesday, November 2. Other speakers include New Zealand&#39s retirement commissioner Diana Crossan and Professor John Hills from the pensions commission.

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Merrill Lynch Investment Management – Merrill Lynch Greater Europe Investment Trust

Type:Investment trust Aim: Growth by investing in European companies including emerging European markets Minimum investment: Lump sum £1,000, monthly £50 Investment split: 29% financials, 10% resources/energy, 9% non-cyclical consumer goods, 8% cyclical services, 7% telecommunications, 7% cyclical goods, 5% basic industries, 5% technology, 4% utilities, 16% other Types of share: Ordinary shares Isa link: Yes […]

Standard caps Sipp link charges at 1%

Charges on all discretionary investment management within the Standard Life Sipp will be capped at 1 per cent. The life office has signed up 11 business partners, including six discretionary investment management groups, an execution-only stockbroker and three property specialists to its Sipp offering. The six discretionary managers linked to Standard Life&#39s Sipp offering are […]

Abbey pulls two more mortgage products ahead of M-Day

Abbey has had to pull two more mortgage products ahead of M-Day. The mortgages temporarily available are the deal for life and reward mortgages. This follows on from Friday October 22 when Abbey pulled its flexible mortgage products. Sales are therefore restricted to core mortgages only which are trackers and fixed rate mortages. Abbey press […]

Talkback

Should the FSA grant an authorisation grace period if an IFA&#39s network collapses to allow the adviser to carry on trading? “No. Everyone should have a contingency plan. If you join a network, you are basically a glorified emp-loyee. I am not in a net-work and if something happened to me tomorrow, no one would […]

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