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More people will leave money to charity in their wills – Mori

In less than a year the number of people &#39very likely&#39 to leave money to
charity in their will has doubled according to consortium Remember
a Charity. The figure has increased from 7 to 8 per cent and
represents £100m to charities according to Mori.

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Pru says annuities good value without Omo

Prudential says the vast majority of people who take an annuity with their pension provider rather than use the open market option are getting good value.Figures from Prudential show that 70 per cent of policyholders who take their annuity with their provider are with the top six most competitive annuity providers between whose rates there […]

45% of IFAs spend up to 10 hours a week on compliance

IFAs spend almost as much time on compliance as they spend face to face with their clients, according to a report from First Software.The company interviewed 400 small, medium and big IFA firms and found that 45 per cent spend between six and 10 hours a week on client-facing billable work while 44 per cent […]

New advisers to sit exam to sell long-term care

New advisers will have to sit an extra exam if they want to sell long-term care insurance under new regulations being proposed by the FSA.CP200, Regulation of Long-Term Care Insurance, is aimed at increasing consumer protection for LTC and will come into effect on October 31. The FSA says an exam would reduce the risk […]

Julian Gibbs

I believe that most high-end investment-grade corporate bond funds are going to show losses for investors over the next year or so while paying an income which can be bettered elsewhere.For conservative investors, I think a better solution is the New Star managed distribution fund, which has some of the best fund managers in the […]

‘How to…audit your auto-enrolment scheme compliance’

Avoid pension penalties with our auto-enrolment checklist

According to the Pensions Regulator’s annual commentary and analysis report released this month, 785 potential non-compliance cases were referred for investigation, with 23 auto-enrolment compliance notices issued. And they predict that the use of their statutory powers is only going to increase.

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