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Pension certificate from PMI

The Pensions Management Institute is taking applications for its newly launched pension plan executive cetificate via its website.

The first PPE certificates will be issued from April. Holders will be required to complete PMI’s new accredited professional development programme on an annual basis to renew their PPEC certificate.

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Insight receive ‘A’ rating on seven funds

Insight Investment, the asset manager of HBOS, has received A ratings for seven of its multi-manager funds, from Old Broad Street Research.OBSR gives the rating one year after Insights fund management team was put in place, founded following research conducted in December 2004.The seven funds receiving the A rating are the Insight Investment wealth builder […]

RIRC welcomes Turner addition

The Retirement Income Reform Campaign has welcomed the Governments addition of the compulsory annuitisation rule at 75 to the Turner commission.The RIRC has campaigned for five years to secure this legislative reform in four private members bills and during the debate on the Pensions Act 2004.RIRC director Dr Oonagh McDonald CBE says: “There is now […]

Transition time

Simon Olive, Management consultant Axa Management & TrainingFirst, commission is an appropriate payment mechanism for those clients who simply want to buy product from you. It is less appropriate for those who want general advice and/or an ongoing service and relationship. Twenty years ago, fatter commissions and lower costs may have enabled advisers to subsidise […]

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