Swiss Re’s annual industry protection report reveals that the life insurance protection gap was static at 2.3 trillion in 2005/06 but the income protection gap grew to 170bn.
Mortgages PLC will launch a direct arm later this year, as its parent Merrill Lynch looks to increase its UK mortgage market share. MPLC has yet to determine a brand name but says its product range will be the same as its intermediary offering.
Skandia Investment Management is preparing a summer launch for a best ideas fund that it describes as the ultimate concept in multi-manager.
I Refer to Nick White’s comments in Money Marketing last week, First, regarding borrowing, the whole point of the article was to raise the awareness level of advisers, not to serve as a technical master class. It was not my article anyway, being written by a Money Marketing journalist. Within the 200-word constraint imposed on […]
The Pensions Regulator head of strategy John Ashcroft explains the filter system that will be used to regulate defined-benefit scheme funding
International private medical insurance (IPMI) can be a complex business, especially when you need to find cover that complies with all the local legislations and regulations of a chosen country.
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It is likely the increased regulatory scrutiny on fund managers’ value could filter down to advice firms in the future In my last article, I considered the influence a non-executive director could have in challenging an advice firm’s business model in light of the pension transfer issues. Now, in its asset management market study final […]
The financial services industry has failed to find ways of nudging consumers to think about their options at retirement, despite three years of pension freedoms. A panel at the Association of British Insurers retirement conference today lamented the way companies talk to people about pensions and the lack of engagement it inspires. ABI director general […]
The new chief executive of the single financial guidance body can expect a salary of £175,000 a year, according to a job advert posted online. The advert, posted on the Cabinet Office website says applications will close in mid-May with final interviews held in early July. The date for announcing the successful candidate has not […]