Gross mortgage lending fell to around £24bn in February, down by 6 per cent from £25.6bn in February 2007.
The IFA market is in transition and it is a difficult journey. It is in transition because that is what the market wants and if you do not respond to the market you die.
The Pensions Advisory Service is due to launch its annuity service to consumers by the end of April in a bid to increase the number of people using the open market option.As part of the Government’s review into the annuity market, it announced a number of measures which included TPAS setting up an internet-based structured […]
An Abbey banking adviser suspected of a massive fraud fled the country following a bank audit before returning to face arrest, a court heard.Susan Robertson, 50, a personal banking adviser with Abbey in Milngavie near Glasgow, admitted a series of embezzlement charges when she appeared before Dumbarton sheriff court.The court heard that in addition to […]
IFA Consortium will be hosting its key adviser forum in Rome this year in September. The collective, made up of Alpha to Omega, Falcon Group, FSAS and pi financial, will hold its event at Parco dei Principi in Rome from the 18 to 19 September, 2008 with 50 key advisers from the consortium will come […]
Matt Shafer, Head of International Distribution, discusses the firm’s philosophy around Durable Portfolio Construction, particularly the importance of putting risk first, thinking about better ways to use traditional asset classes and how to position alternatives in portfolios.
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Standard Life Aberdeen has sold its insurance arm to Phoenix in a £3bn deal. In the first results since the merger of Standard Life and Aberdeen Asset Management, the firm has said it has decided to exit the insurance market. Phoenix will pay a total of £2.3bn in cash for the business. Standard Life Aberdeen […]
Acquisitions are continuing apace this year but will that trend continue or will the market slow?
Latest statistics show personal pensions, in particular, get a bad rap The recently published preliminary estimates from the Office for National Statistics’ Wealth and Assets Survey make for interesting reading with regards to how people view pension savings and how safe they are. The next round of this survey will be even more interesting in light […]