New Star has passed the 7bn mark for retail funds under management. The firm has grown both organically and through the acquisition of the rights to mange funds from Aberdeen, Exeter and Edinburgh fund managers since its foundation in 2001.
Citadel income protection new applicants have grown 42 per cent in 2005, according to Birmingham-based friendly society Dentists & General.The D&G specialises in protecting peoples incomes against illness and injury up to the age of 60, particularly those self-employed in low-risk jobs.Despite national declining figures for IP applications – a 25 per cent decline according […]
The Department for Work & Pensions has declared that Sipps are mainstream schemes and can hold protected rights. But deespite lengthy lobbying for the change, the industry has criticised the DWP for failing to provide clarity on how this will work in practice. There is confusion surrounding whether protected rights pots can be held within […]
By Jamie Clark, Business Development Manager The pensions revolution is almost upon us. As with any revolution, there will be winners and losers. The winners in this case could presumably be the politicians that orchestrated pensions freedom and choice just before the general election. As for the losers, there may be many thousands of people […]
As we hurtle towards the new year, it is worth remembering much of the so-called client-centricity discussed is, in fact, little more than process that will not determine whether you win, lose or draw. Sure, a process needs to be reliable, cost-efficient and to point the right service at the right people. But it is […]
The Association of Member Nominated Trustees and the UK Sustainable Investment Association have urged pension funds to keep an eye on whether their investment consultants’ sustainable investment advice lives up to the minimum service requirements under regulation. The AMNT and UKSIF says consultants should meet minimum requirements as soon as possible so as not to […]