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: […]
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Advisers will need to review their sales process ahead of new regulation designed to increase competition in the shrinking annuity market. The FCA published a policy statement in May last year setting out requirements for firms to tell consumers how much they could gain from shopping around before they buy an annuity. The directive comes […]
Money Marketing talks to Mazars Wealth Management chief investment officer David Baker about how the firm makes its investment decisions Is your investment management kept in-house or outsourced to a third party? We like to keep as much as possible in-house as that tends to give us a deeper understanding of the decisions we have […]
Nothing works better at aiding understanding than stories based on experience Stories have been used to pass knowledge and wisdom down the generations throughout history. For advisers, they help remove the complexity of what we do for clients. And nothing works better than stories based on experience. Over the past few months, I have experimented […]