PI insurers are considering exclusions for insistent DB to DC transfers, Money Marketing understands.
The Financial Services Compensation Scheme has placed a network in default almost two years after the company failed to secure professional indemnity insurance. Money Marketing reported back in June 2013 Kent-based network Virtual Net Europe had alerted members it was unable to secure PI cover. The network posted a £182,532 loss for the previous year. […]
The combination of low inflation growth and excess liquidity following the ECB’s quantitative easing programme has distorted bond valuations, with some short-duration instruments now offering negative returns. At the beginning of March nearly $3.85trn (£2.56trn) or 17 per cent of developed market global government bonds traded at negative yields, according to Columbia Threadneedle Investments. In […]
Now that the general election dust is slowly beginning to settle, there is a departing minister whom I want, perhaps surprisingly, to pay tribute to – and another person I would like to welcome into her new role in Government. The person I want to offer praise to is Steve Webb, who lost his north […]
Steve Webb examines auto enrolment so far and explains the impact of the upcoming statutory phasing increases on your clients. Since the autumn of 2012, employers and advisers up and down the land have been engaged in a huge programme to get millions of workers started on saving for their retirement. Over the last five […]
- Top trends
- Top trends
- Dennis Hall: Why we are reducing portfolios to just one fund
- Paul Armson: How standard financial planning can fail clients
- Paul Lewis: Time to end this dangerous commission in disguise
- How much are advisers charging for pension transfers?
- Aegon prepares to compensate advisers for Cofunds replatforming woes
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