Kensington has launched automated valuations and electronic identification as part of its K-net e-com- merce platform. AVMs and e-IDs are free to brokers but packagers are only entitled to free AVMs.
The Labour leadership tussle is likely to have implications for pension reforms
Norwich Union fears too many people have been put into Sipps and the FSA will crack down on advisers and providers that cannot justify sales. Sipp sales have rocketed by 115 per cent over the last year and took in 2.5bn in the first half of 2006 alone, according to the Association of British Insurers, […]
Tenet chairman Barry Kayes is leaving the firm, saying he would rather go out on a high than “do a Tony Blair” and outstay his welcome. He has been chairman since 2000 when the Tenet Group was formed from the 17m management buyout of M&E and Interdependence. Kayes, who is expected to seek another position […]
Rereading last week’s column made me realise that I may have been responsible for misleading people over the performance of the US stockmarket. My reference to Wall Street moving into new high ground related specifically to the recent recovery in the Dow Jones Industrial Average. This index is almost certainly the most widely quoted in the media when it comes to remarking on how the world’s biggest stockmarket is behaving but is not representative of the market as a whole.
By Ross Jackson, senior marketing manager There are many different protection online services available in the market and no doubt you’ll have used a few when submitting protection business. But why should you have to put up with slow, unresponsive sites for your business when you’re used to dealing with slick, modern user experiences in your […]
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A majority of independent financial advisers think there should be a single rate of tax relief according to this week’s Money Marketing poll. More than 120 advisers took part in the poll with 77 in favour of a single rate of tax relief, 39 against and six undecided. Yellowtail Financial planning managing director Dennis Hall […]
The FCA has issued a warning over ‘commoditised’ defined benefit pension transfers running the risk of unsuitable advice. In a letter sent to advisers holding pension transfer permissions, the regulator reminds planners that a “key area” of its focus is on pension transfers, and that it will later this year be contacting all firms to […]
Problems look set to arise for pension schemes operating relief at source