The true pension deficit of FTSE 100 companies is likely to be closer to zero than the 37bn reported recently in the press, according to a report by SEI Investments and Cardiff Business School. The research suggests current FRS17 rules used to account for a companys pensions deficit create over cautious assumptions and should be replaced by their weighted cost of capital.
Jayne Stevlingson has joined Gartmores small-cap investment team as senior investment manger.Stevlingson, based in Philadelphia, will assume portfolio co-management responsibilities, alongside Gil Knight, on the Gartmore US smaller companies fund and the Gartmore SICAV US smaller companies fund. She will report to Gartmore US chief executive Young Chin.She joins from Altura Asset Management where her […]
Brazil is an attractive emerging market, particularly in the consumer and commodity areas. The consumer market is large and growing while the country has many natural resources, which can be extracted at low prices.
UCB Home Loans
Buy-to-Let Three Year Flexible Fixed Rate
Skipton Building Society has established the double asset bond 2, a product which combines a FTSE-100 linked guaranteed equity bond with a one-year fixed-rate savings account.
March was Free Wills Month! Free Wills Month brings together a group of well-respected charities to offer members of the public aged 55 and over the opportunity to have their simple wills written or updated free of charge by using participating solicitors in selected locations around England and Wales. Research by the Law Society* highlighted that only 64 […]
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Independent governance committees at big-name pension providers are failing to safeguard the interests of savers and the FCA must take action, fresh research finds. In 2015, the FCA required contract-based pension providers to appoint IGCs to act as champions of savers’ interests. IGCs are required to publish annual reports to increase transparency and encourage comparison […]
The FCA is reviewing the content of its pension transfer specialist examination standard in light of recent issues with pension transfer advice, Money Marketing understands. The regulator does not offer qualifications but it does have a role in setting standards for exams and publishes “appropriate examination standards” guidance. Money Marketing understands a working group, mostly […]
Building on auto-enrolment’s success and fine tuning the pensions dashboard are high on the list As I write my first Money Marketing column of the year, it has given me an opportunity to look back on what the Government has done to transform pensions and savings for people since 2010. Five years on from the […]