The Private Health Partnership has bought the medical insurance portfolio of Home Counties Healthcare.
It seems that the Financial Ombudsman Service continues to fine advisers for shortfalls that are caused by regulatory-imposed projections, that is, that were imposed on the adviser and the provider by the regulator. The FSA may not now be continuing with this Lautro practice but the FOS still perpetuates this injustice. An example is the […]
Robust portfolio planning requires more than a broad fund choice
Advisers have slammed the FSA’s decision to appeal against the Information Commissioner’s ruling to name the Lautro 12.The commissioner last month upheld a freedom of information request to name the 12 firms that mispriced Lautro projection rates, leading to unrealistically high maturity figures between 1988 and 1994.But FSA spokesman Robin Gordon-Walker says: “We have now […]
BDO Stoy Hayward Investment Management has announced the appointment of Robert Kingston as a senior pensions consultant, to be based in the Midlands.
Royal London is pleased to support the petition calling for a ban on cold-calling for pension and investment products. The petition, launched by IFA Darren Cooke of Red Circle Financial Planning and hosted on the Parliamentary website, calls on the Government to ban cold-calling for pensions and investment products. A similar ban is already in force […]
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Things are moving fast over at the newly merged Standard Life Aberdeen. The very first results for the combined company hit the wires this morning and, finally, a clear strategic direction is emerging. Overall, there were net outflows. Not a great start, particularly given Scottish Widows’ parent Lloyds’ decision to pull its £109bn mandate earlier […]
Providers looking to re-brand must carefully consider those buying the products and the advisers who have to explain them I started my working life at Hill Samuel Life Assurance Ltd. As company names go, it was not the most exciting and we were occasionally confused with H Samuel the jeweller, but at least it said […]
Standard Life Aberdeen has reported outflows of £31bn in its full year results, six months after the mega merger at the Scottish fund houses completed. In August 2017, Standard Life and Aberdeen Asset Management joined forces to become Standard Life Aberdeen, a giant global asset management powerhouse running £655bn assets. In its full year results, […]