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NPI back on course with IFAs

After a year long campaign, NPI claims it has won it&#39s way back onto the “vast majority” of leading IFA panels across the full range of its product offerings.

The life office says much of this success can be attributed to boosted financial strength following the takeover by Australian insurer, AMP in January last year.

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LibDems plan a compulsory &#39stakeholder&#39

The Liberal Democrats&#39 manifesto promises to introduce a compulsoryrevised stakeholder as part of a fundamental review of pensions. The new pension would be called Owned Second Pension Account. People notin company pension schemes would be compelled to take out one of the newpensions. The manifesto says: “We believe that the best way for to preventpoverty […]

Best buy tables &#39open to manipulation&#39 says Daily Mail

The Daily Mail may revise its best buy tables according to its personal finance editor Jeff Prestridge.Speaking at a debate at the Building Society Conference in Harrogate today Prestridge admitted tables in general could be open to manipulation by lenders.He invited building societies to suggest ways in which such tables might be revised to better […]

The Daley Update

Yorkshire Fund Managers&#39 British smaller technology companies 2 isextending its offer period until May 31. The fund has raised £6.5m ofits £30m target. Fidelity&#39s Funds-Network has added BWD Rensburg, Govett Investments andRothschild Asset Manage-ment funds to its platform, taking the total numberof funds to 476 from 35 providers. Exeter Investment Group&#39 profits rose by 42 […]

Tories pledge NI rebate to fund private pension

A Conservative Government would allow younger workers to opt out ofNational Insurance to fund pensions privately. In the manifesto, Time for Common Sense, the Tories also promise to endcompulsory annuity purchase at 75. The pension proposals would allow people under 30 to rebate their NIcontributions into a personal pension or stakeholder. The manifesto also contains […]

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MPAA consultation

By Fiona Tait, pensions specialist The chancellor’s announcement of proposed cuts to the Money Purchase Annual Allowance means it will be more important than ever to be able to tell your PCLS from your UFPLS What was in the statement? Not much. The chancellor spared three sentences to inform us that the Money Purchase Annual Allowance will be reduced […]

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