Standard Life Investments is to rename its growth and income fund as the UK equity high alpha from October 15. Edward Legget will continue to run the fund.
Progress by Royal Liver is adding a virtual underwriter tool to its website which aims to efficiently answer any protection queries advisers might have.The firm is also revamping its website, to go live on October 22nd, but the virtual underwriter element should be added to the current site on Monday.The tool will allow advisers to […]
Most providers have not increased the maximum age of their income protection policies from 65 years despite the Government extending the state pension age to 68.The state pension age is currently 65 for men and 60-65 for women but from 2010 it will gradually increase so everyone born after April 6, 1978 who are currently […]
Legal & General research has revealed 50 per cent of British workers will choose to stay in personal pension accounts when they are introduced in 2012.
CBK principal Peter Chadborn on catching the high proportion of unpaid claims
According to Doug Rice, managing director of international services, in 2015, managing their international duty of care will become an increasing focus for UK-based overseas organisations in both managing their short- and longer-term challenges. As a result, strong independent advice and innovative technological solutions will become more important than ever in managing their global benefits.
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Claims management companies must be more specific on separate permissions and competency when they under the remit of the FCA, according to HM Treasury. Under rules proposed in the Treasury’s latest consultation paper, claims management companies will operate under six sectors – housing disrepair, industrial injuries disablement benefit, personal industry, financial products and services, criminal […]
Knowing what assets each operator will accept and with what conditions is becoming increasingly difficult The recent well-publicised events concerning Sipp operator asset acceptance have focused the mind of a number of advisers. We have been fielding enquiries about our own Sipp and the asset classes we as a Sipp operator would consider. But this […]
Investment trust sales may come under pressure due to new EU rules, experts have warned. The potential benefits of gearing on investment trusts risk being overlooked as new cost reporting rules make them look more expensive compared with open-ended funds. Traditionally, closed-ended funds have looked attractive based on lower costs compared with other structures, as […]