View more on these topics

Out of Context: “We saw you down there in the cheap seats”

“We saw you down there in the cheap seats.”

Fidelity’s Ed Dymott spots an MM hack in the crowd from his seat among the prawn sandwich brigade at Lord’s Cricket Ground.

“Congrats on taking Money Marketing to the top of the freedom of information request league table in our annual report.”

MM hack Tessa Norman is unsure whether this congratulatory note from an FCA press officer is said with true feeling.

“I accidentally put ‘willies’ and not ‘wellies’.”

threesixty director Phil Young explains how one auto-spell-checked tweet went badly wrong.

“You know I’m not actually going to tell you the truth.”

Head of UK life retail David White is tight-lipped on the inner workings of Zurich’s mentoring programme.



Providers face challenge in post-Budget default options

Following Chancellor George Osborne’s radical reforms of the pensions system, DC pension scheme providers face a dilemma over how to structure schemes to suit a broad range of retirement outcomes. As Osborne proudly proclaimed in a bruising Budget for the insurance sector, “no-one will have to buy an annuity”. He was referring to the new […]


Labour eyes 15 per cent ‘death tax’

Labour is considering a 15 per cent “death tax” to pay for long-term care costs, The Telegraph reports. Ahead of the 2010 election, Labour considered imposing a 10 per cent tax on people’s estates when they die but  ditched the plans following a barrage of criticism. However, Labour shadow health secretary Andy Burnham is reported […]


IMA: It’s all about performance (data)

The RDR saw the introduction of new share classes that no longer include trail commissions or platform payments, which have previously been part of the ongoing charges of a fund.  While the old share classes still exist, flows into the new ones are accelerating, causing the asset pool in the former to shrink. So the […]

Toby Strauss, Scottish Widows

Scottish Widows eyes simplified drawdown after Budget pensions overhaul

Scottish Widows is developing a simplified direct-to-consumer drawdown offering in the wake of the Budget as the provider looks to launch a guidance service for retirement customers. The reforms announced by Chancellor George Osborne in March, designed to prevent savers being rolled over into poor value annuity products, present a challenge for insurers who have […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment