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O&M launches software to illustrate existing pensions

O& M Systems has developed a piece of software designed to help IFAs review old style personal pensions. The switch of with profits funds from equities to fixed interest stocks means providers feel the returns of their funds are likely to fall below the standard rates. 0 & M has come up with the new software which acts as a switching system. It allows IFAs to produce a report with like with like comparison illustrating the new plan at a rate of growth to match the non-standard rate used by the exisiting provider.

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No bond bubble, says M&G

M&G corporate bond fund manager Richard Woolnough has hit back at claims that the impressive performance of bonds in recent years has created an unsustainable bubble. Woolnough dismissed the idea of a bond bubble, saying long-dated yields are cheap by historical comparison with 30year gilt annual yields at just under 5 per cent compared with […]

Selective statistics don&#39t tell the full EU story

Harry Katz&#39s article (Money Marketing, June 17)does not persuade me that we ought to go along with giving even more power and money to Brussels, much less surrender the pound to the euro. If we had to give up the pound for any other currency, many people would much prefer the US dollar than the […]

It&#39s not child&#39s pay for Legal& General

It was most interesting to read an article entitled, Higher fees for low-cost savings plans&#39 on the front page of the Financial Times Weekend edition of June 12/13 in respect of the planned increase in the charge cap to 1.5 per cent. One of the quotes from a product provider was: “We would have preferred […]

EOC aims to close gender gap

Failure to offer mortgages and protection products to women who work part-time or are pregnant could result in prosecution under sex discrimination legislation warns the Equal Opportunities Commission. Speaking exclusively to Money Marketing, EOC chief executive Caroline Slocock said the organisation would give backing to claims if providers distribute products in a way that discriminates […]

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