Following a cabinet reshuffle in light of last week’s general election, David Cameron has announced that Ros Altmann will be replacing Steve Webb as pensions minister. As the industry works with one of the largest reforms to the sector in almost a century, the former adviser to Tony Blair has been tasked with ensuring that the pensions revolution does not stray off track.
A number of advice firms are pursuing Iress for thousands of pounds in refunded fees, after suffering “nightmare” technical problems with its Xplan software. Xplan is an end-to-end system which offers portfolio management, client communication and business management tools. Australian technology provider Iress also owns software programme Adviser Office, following its acquisition of Avelo in […]
Aviva’s UK life division saw new business profits surge 15 per cent in the first quarter despite sales dropping year-on-year. The insurer’s first quarter interim management statement, published this morning, reveals the value of new business written in its UK life arm rose from £89m in Q1 last year to £103m in the first three […]
Sipp provider Curtis Banks plans to float on the AIM stock exchange in a move expected to value the business at £85m. The firm, which started trading in 2009 and currently administers more than 26,000 Sipps, expects to raise £7.5m through the issue of new equity. Trading in the shares is due to commence on […]
Investment bonds have many virtues and some restrictions. However, it is possible to get far more from them if you take the right approach. Why choose an investment bond? The use of different tax wrappers can produce different outcomes for investors and with increasing awareness and knowledge, advisers are seeking more variety in the assets […]
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