Paternoster, the closed life fund consolidator run by Mark Wood, has signed a letter of intent for Jardine Lloyd Thompson Benefit Solutions to act as its service partner for the long-term administration of pension policies and actuarial pricing support.
The passing of the Finance Act on July 19 has created greater certainty for IFAs and their clients about the treatment of trusts under the new inheritance tax regime which has led to offshore insurers withdrawing, launching and relaunching trusts.
Advantage has joined the Government’s Open Market Homebuy scheme as its fourth lender. The Morgan Stanley-owned firm joins HBOS, Nationwide and Yorkshire Building Society as a partner in the initiative.
For a job as big as managing the auto-enrolment changes, it’s important to know what has been completed and what still lies in front of you to give you the reassurance that everything is in hand. Getting the planning and project management right at the outset can help you see the path ahead and ensure everyone knows their roles and responsibilities. To help with this, Johnson Fleming has produced a checklist outlining every step that needs to be taken when preparing for auto-enrolment.
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