A de-linked mortgage payment protection insurance product has been launched by MPPI specialist Genworth Financial and broker John Charcol.The pair claim the product is 37 per cent cheaper than the market average, while pay-outs are also backdated to the first day of the claim following a waiting period of 30 days unlike the majority of […]
The FSA’s principle-based regulation regime is unlikely to work in retail financial services, says former FSA managing director Carol Sergeant. Sergeant, who was John Tiner’s main rival for the job of FSA chief executive and is now Lloyds TSB chief risk director, told the Building Societies’ Association conference in Manchester last week that a prin-ciple-based […]
At the beginning of 2015, we highlighted that the new pension freedoms that come fully online on 6 April also represent a very attractive opportunity for the criminal fraternity to scam savers out of some, or all, of their accumulated retirement savings.
Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]