NDF has set up a secure growth plus plan, which has 100 per cent capital protection and offers a guaranteed return of 10 per cent of original capital plus 50 per cent of the growth in the index at the end of the term.
Grant Thornton has appointed John Graham as a life actuarial director within its financial markets group. Graham brings more than 17 years experience gained around the world and joins GT from one of the Big Four accounting firms in Cape Town.He was previously responsible for research and development, financial management and strategic issues relating to […]
Standard Life has rolled out its PTA product Life Insurance with Tax Relief on the internet via online submission, including underwriting.
Britishinsurance.com managing director Simon Burgess looks at how the domain game is being played out for .eu web addresses
Following publication of the article in Money Marketing, headlined, OFT tells regulator to get menu sums right, I am writing to clarify the situation about market averages on the menu. Following the complaint from Aifa to the OFT last year, we agreed with the OFT that we would examine the market average figure for collective […]
By James Dowey, chief economist & CIO at Neptune WHATEVER HAPPENED TO THE GOOD OLD DAYS OF CHUGGING ALONG AT 3 PER CENT A YEAR? That was the average rate of real economic growth in the advanced world from the end of the Second World War until the late 2000s. Despite all of the recessions and social changes […]
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The Government should make it easier for advisers to sell products that blend income drawdown with insurance to meet future care costs, according to former pensions minister Steve Webb. A paper published today by Royal London calls on the Government to introduce policy changes which allow new products to be created that pay for long-term […]
Independent governance committees at big-name pension providers are failing to safeguard the interests of savers and the FCA must take action, fresh research finds. In 2015, the FCA required contract-based pension providers to appoint IGCs to act as champions of savers’ interests. IGCs are required to publish annual reports to increase transparency and encourage comparison […]
The FCA is reviewing the content of its pension transfer specialist examination standard in light of recent issues with pension transfer advice, Money Marketing understands. The regulator does not offer qualifications but it does have a role in setting standards for exams and publishes “appropriate examination standards” guidance. Money Marketing understands a working group, mostly […]