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Meteor confirms acquisition of NDF/DRL books

Meteor has agreed to acquire the structured product ‘investment books’ of NDF Administration and Defined Returns from administrator Grant Thornton UK LLP.

As previously announced Meteor will take on responsibility for administration of accounts including the processing of income payments, surrenders and maturities and has agreed to take on all planholders in both companies except for those who are invested in Lehman backed products.

The transfer of the book will take place in March 2010.


Annuity Income data

Click here to download December’s Annuity Income data graphs

Liontrust hires John Ions as head of retail

Liontrust Asset Management has appointed John Ions to the new role of head of retail at the firm. Liontrust says the hire is the latest step in rebuilding the business following the resignation of fund managers Jeremy Lang and William Pattisson in January 2009. The firm hired Ross Hollyman as head of a new global […]


Olympic claim

It is the nature of things that those placed in charge seek to be seen to make a difference. Of course, a difference is not necessarily an improvement and it is also true that when governments and their appointed quangos decide to effect changes, these have a remarkably consistent habit of rebounding and creating an […]


Guide: reporting to the Pensions Regulator — what and when?

Johnson Fleming has published a step-by-step guide demonstrating the importance of record keeping and reporting, and how it can ensure you operate a successful scheme. The guide takes you through some key questions you need to ask and identifies the information you need to obtain. The topics include: why you need to keep records and the benefits of doing this; registering your scheme; what information you need to record to ensure you meet the Pensions Regulator’s requirements; and what items need to be recorded and when.


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