Norwich Union is to repay 34,000 stakeholder pension customers around £11m after an admin error. Clients were overcharged after the Government introduced a charging cap of 1 per cent for all stakeholder pensions in 2001.
The Investment Management Association has told MPs that its members are not prepared to invest in bank reconstructions as they believe institutions have yet to fully write down their exposures to toxic assets.
In this short video, Peter Rutter, head of global equities at Royal London Asset Management, explains how he uses the company life cycle framework as part of his investment approach. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up […]
St James’s Place has defended seminars it hosted for British Airways pilots that resulted in people transferring out of their defined benefit pensions. SJP has faced questions from MPs on the work and pensions select committee about its work with BA, after a letter from the Trades Union Congress last month suggested the advice firm […]
Tenet has partnered with mortgage network the Mortgage Advice Bureau on a wealth and equity release offering. MAB plans to use the financial advice network’s business development support to grow beyond its 14 wealth advisers. It is understood MAB chose Tenet as a partner because it allows firms to give equity release advice. MAB wealth […]
Planning and training are key if you want your advisers to buy your business when the time comes to stand back The past few years have seen an increase in the number of advice firm owners who, when the time comes, want to consider a sale to their employees as an option in addition to […]