Towry Law is launching a “renewal buyout scheme” which will allow its advisers to forgo renewal commission and opt for a cash lump sum. The IFA says the move is in response to market and regulatory forces which has led to reduced initial commissions. It also believes the move will help retain its advisers. Towry […]
DBS is starting its annual MaximIsa marketing drive following its successful campaign last year, which pulled in £51m of business for its members. Last year, more than 7,000 people took out Isas based on recommendations by DBS and the company is hoping to generate a similar response this season from its campaign costing £10,000. The […]
The internet is, above all, a mechanism for the dissemination and distribution of information. The internet allows information to flow both ways in a way that TV and paper-based information does not. Effective use of the internet allows not only the transmission of a message to the masses but it also allows the masses to […]
Share values in the Edinburgh UK Tracker Trust, which tracks the performance of the FTSE All-Share Index, fell over 2000. The net asset value per share fell by 7.5 per cent to 266.95p from 288.71p while the FTSE Al-Share Index fell by 8 per cent. The share price fell by 14.8 per cent to 259.5p […]
A quarter (23 per cent)* of the UK’s small to medium-sized enterprises (SMEs) do not have an absence management system in place, according to new research from Jelf Employee Benefits. Despite 69 per cent* of organisations having a system in place, three-quarters (75 per cent) report that it is not providing them with sufficiently empowering absence or health data to inform an effective wellbeing programme.
Retirees are likely to miss out on sustainable income and death benefits if they do not annuitise at least part of their pot, new research finds. In a paper from actuaries Milliman, which draws on data from provider Just, Milliman modelled a pure drawdown strategy combining equities and bonds, and a combined annuity with an […]
Advice giant St James’s Place will block access to its investment platform for 10 days while it migrates services to a new provider. SJP tells Money Marketing that the work will affect online service ability for clients between 19 October and 29 October. A spokesman says: “SJP will carry out essential maintenance to our systems as part […]
This summer saw the S&P 500 rule headlines for enjoying the longest-running bull market in history. Yet, as per the old adage, what goes up inevitably comes down, and it is the job of advisers to manage clients’ portfolios accordingly – either directly or via the third-party investment services they use. A crude assumption might […]