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 […]
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Acquisitions are continuing apace this year but will that trend continue or will the market slow?
Latest statistics show personal pensions, in particular, get a bad rap The recently published preliminary estimates from the Office for National Statistics’ Wealth and Assets Survey make for interesting reading with regards to how people view pension savings and how safe they are. The next round of this survey will be even more interesting in light […]
Beaufort Group is planning to add three more firms to its network with one deal expected to finalise next week. Chief executive Andrew Bennett says the other two small to medium-sized firms are expected to join “imminently”. In January, Beaufort Group added Statehouse Group as an appointed representative. The firm is now called Beaufort Financial […]