The Association of International Life Offices has seen buoyant offshore figures in single and regular-premium new business for 2004, with total offshore life sales up by 23 per cent last year compared with 2003. Total worldwide life business was 8.3bn compared with 6.8bn in 2003. Worldwide single-premium sales rose by 19 per cent while regular-premium business was up by 30 per cent.
Paragon Mortgages and James Hay are creating a joint venture to provide a range of Sipp products to buy-to-let investors.
West Bromwich Building Society has bought Mortgage Force for an undisclosed sum.
As the April 6 deadline approaches for the first year of 40 per cent of tax relief for VCTs, Louis Nisbet, fund manager and managing partner of specialist investment manager Sitka explains why there is a need for education on VCTs.
The first candidates in the Securities and Investment Institute’s pilot for a new financial services exam achieved an 85 per cent pass rate to gain the Introduction to Investment qualification.
The Pension Policy Institute (PPI)’s recent report “Value for money in DC pensions” tries to identify factors by which people can assess whether their pension offers fair value for money (VFM). Fiona Tait provides an overview of the findings. Positive Outcomes It is extremely hard to assess VFM in a pension. Press activity naturally focuses […]
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The Work and Pensions select committee is launching a new inquiry into defined ambition pension schemes, which were legislated for but not fully implemented in 2015. The inquiry will consider whether collective defined contribution arrangements can give better outcomes than traditional DC plans, how they might be governed and whether seriously underfunded defined benefit schemes […]
Never forget that everything counts. Every aspect of your business says something about who you are, what you value and the kind of experience a client can expect to have should they choose to give you the time of day. Brochures, employees, products, packaging, wallpaper, flowers, absence of flowers – each small detail is communicating […]
Mick McAteer on being a ‘critical friend’ to the industry