Lifeboat Financial Advisers has appointed Roy Wicks as a regional development director, covering the Midlands region.
The wise men of the Treasury select committee are to conduct an inquiry into how to restore confidence in long-term savings and whether the Association of British Insurers' claim of a £27bn savings gap stands up to scrutiny. The obvious answer to restoring confidence is to have a different approach to regulation because, to date, […]
A new specialist insurance brokerage has set up to offer a quick way of finding life protection for difficult cases. Risk Placement Services has been established with a panel of UK insurance providers, including Standard Life, Skandia, Scottish Equitable, Royal Liver, Norwich Union and Friends Provident, to which all cases will be referred. The new […]
Prudential UK has appointed David Tildesley, who joins from AMP as the new sales director of its business to business channel.
Firms should be able to operate under the final depolarisation rules by summer 2004, six months later than originally planned, the FSA has revealed. A consultation paper on the menu payment system is now due by early February and FSA head of retail projects David Severn says he believes the earliest the industry will be […]
Welcome to the latest update for Allianz Technology Trust PLC from the Trust’s portfolio manager, Walter Price. Portfolio review The Trust’s NAV returned 4.3% , outperforming the Dow Jones World Technology Index return of 2.8%. In US dollar terms, the portfolio gained 4.8%. During the month, stock selection contributed to relative performance, and industry allocation […]
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Another investment manager offering enterprise investment schemes has alerted clients of a 10 per cent drop in value for one of its portfolios following new Mifid rules. Mifid II, which came into force on 3 January, requires firms to notify clients when the overall value of their portfolio, relative to its value at the beginning of each reporting […]
The recent enquiry by the work and pensions select committee has reignited the debate about the future of collective defined contribution schemes. Whether these sort of schemes can be incorporated into the current UK pensions landscape is a moot point. Let’s consider some of the arguments for and against CDC. First of all, it is […]
Retirement interest-only mortgages are set to become more popular following the FCA removing hurdles to selling them. The regulator sees RIO mortgages as a possible aid to the waves of maturing interest-only loans with no repayment strategy. However, the FCA also wants RIO mortgages to be sold more widely, for example as an additional option […]