Leading long-term care cover providers Bupa, Norwich Union and PPP Lifetime Care have joined up to streamline the LTC application process for IFAs. By completing a single questionnaire, advisers will be able to get the best terms from the providers. The three have agreed to the streamlined application to reduce admin time and costs. The process, which will be available from July 5, has been developed with the co-operation of specialist LTC IFA Future Care Assured.
The FSA has set itself a deadline of Christmas to publish its consultations the new post polarisation regime.It says it has been deluged by responses to CP121 from the industry and consumers, some of which are large in size and require time to process. The regulator also says it will have to take the reviews […]
IFA firm David Aaron Partnership is offering a guide to finding the best high-yield investments in the current economic climate of volatile stockmarkets and low interest rates.The booklet, entitled The Best High Yield Investments, shows investments yielding around 10 per cent or more.With world economies recovering, Aaron believes that an investment in high-yield bonds through […]
Some time ago, I attended Wembley to watch England play Scotland in the second leg of the Euro 2000 play-off. I had assumed, wrongly, that I would be at the Scotland end but found that my ticket placed me among the England fans. What followed was the longest night in my memory as I had […]
The FSA has again eased the resilience tests for life insurance companies to avoid forcing them to sell shares in a declining market.Life companies have had to maintain a cushion to withstand a 25 per cent fall in equity prices. But they will now be able to take a three-month smoothed average from the FTSE […]
New figures requested from the Office for National Statistics by Jelf International reveal the countries with the largest numbers of employees working for a UK-controlled parent company (known as UKFAs or UK foreign affiliates).
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Almost a third of women in the asset management industry have experienced sexual harassment in the workplace, according to a new survey, as Fidelity and the Worldwide Healthcare Trust dismiss fund managers due to inappropriate behaviour. A global survey by the Financial Times reveals 32 per cent of women working in asset management have experienced […]
Platforms are chasing assets in order to achieve scale but the winners of the future will need more than that The importance of scale is one of the key topics of conversation in the platform industry. Scale brings some clear benefits to platforms, such as allowing them to charge consumers less, providing the means of […]
The pensions industry has welcomed government reforms to boost auto-enrolment while raising concerns about their limited scope and time it will take to implement them. In its much anticipated review into auto-enrolment the government says it will lower the age at which people are eligible for a workplace pension from 22 to 18. The government […]