Clerical Medical Internatio-nal has donned its walking shoes in the recent Isle of Man Parish Walk. The event raised money for charities as seasoned walkers and prof-essionals set about the 85-mile route, starting from Douglas, and took in a scenic tour of the sights of 17 par-ishes across the Isle of Man.
The Master of the Rolls and OFT are at loggerheads over referral fees to organisations, including mortgage firms, with the senior judge branding them “a mistake”. Master of the Rolls Lord Phillips of Worth Matravers (above) says referral fees paid by solicitors to IFAs and brokers could poten- tially damage the profession’s independence and integrity. […]
Private investor network Hotbed claims it has achieved returns of 30 and 84 per cent by selling two commercial property investments. Hotbed raised 6.15m for a warehouse in Milton Key- nes that it bought for 4.7m in June 2004 and 4.5m for a shopping centre in West Norfolk after buying it for 2.45m two years […]
Legal & General is introducing a deferred Sipp and doubling commission on regular-premium business as part of a relaunch of its individual pension suite. A single tiered charging and commission structure will be introduced across its range. In a bid to bring in more attractive individual pension business, the minimum regular contributions to get commission […]
Woolwich Plan Managers has established the capital plus plan issue 8 a guaranteed equity bond which offers a minimum return of 22.5 per cent plus the original capital at the end of the term regardless of the performance of the FTSE 100 index.
Fiona Tait takes a closer look at the Department for Work & Pensions’ forthcoming review of automatic enrolment In December, pensions minister Richard Harrington announced the scope of the DWP’s forthcoming review of automatic enrolment (AE). The review will look at AE coverage, as well as the current thresholds and age criteria. In other words: […]
- Top trends
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
A former IFA who pocketed clients’ Sipp money has been given a six-year jail sentence. Darren Say, who ran advice firm Wealth Connection, was found guilty of fraud by abuse of position and of fraudulent trading after creating a pension scheme that loaned money to clients’ Sipps before investing funds in a property company where […]
Consumer champion Martin Lewis has published a passionate warning about scam advertisements using his identity to endorse investment and insurance schemes. Lewis, founder of Money Saving Expert, has posted a video denouncing a cloud-based trading scheme that claims he invested £500,000 in it. He says in the video: “It is a con, it is a […]
The FCA cancelled the authorisations of more than 200 firms last year for failing to meet “basic regulatory requirements” like paying their fees or filling out regulatory returns. The regulator revealed the figure in an update today, that its Threshold Conditions Team took enforcement action against at least 207 firms for failing such compliance failings […]