Saving levels are set to increase this year with 37 per cent intending to save more compared to 19 per cent saving less, according to National Savings & Investments.NS&I says savings intentions are strongest among the young, with 70 per cent of 16 to 24 year olds planning an increase in saving compared to 13 […]
Standard Life is entering the offshore market, this week launching their international office in Dublin. The life company told Money Marketing in June it would be opening the office in early 2006, having submitted its application in March 2005 for Standard Life International Limited, which has now been approved by the regulator.Chief executive Murray Drummond […]
Standard Life has launched an online new business tracking facility for advisers within the Client View aggregation service of its adviserzone website.The tracking service is available for the companys life protection series, bonds, personal pensions and Sipp contracts offering advisers real time status reports on new business applications and increments.Standard Life sales e-commerce manager Billy […]
Jelf Employee Benefits has released a guide to help employers communicate the recent raft of pension legislation to staff. ‘Your Guide to Pension Freedom’ will help employers meet their duty of care in explaining the changes to employees and in turn will help employees take more control over their pensions and retirement decisions.
Investors are voting with their feet “in droves” to ditch underperfoming absolute return funds. The past 11 months saw consistent outflows, as investors pulled £5.4bn from the funds. Most of the absolute return funds with the largest outflows over the past year have failed to beat inflation over the past five years. Analysis by AJ […]
I read two reports recently about the need for financial advice. The first, from the FCA and published last year, suggested up to 18.2 million people in the UK who had probably needed financial advice over the previous 12 months had not taken it. That number brought home the scale of what is surely a […]