SimplyBiz has reported a profits rise of 44 per cent to £3.1m in the year ended December 31, 2006. Turnover was up by 24 per cent to £7.48m.
Chancellor Alistair Darling has faced a torrent of criticism since last Tuesday’s pre-Budget report with warnings his capital gains tax changes will severely damage small business and the life assurance industry.
Improved annuity guidance is set to increase uptake of the open market option. Samantha Downes reviews the choices available to investors who want to shop around
Norwich Union UK income opportunities manager Ian Lancaster has quit the firm to join Bahrain-based group Gulf Finance House Asset Management.
Ben Pollard and Susan Stock, consultants at the Tillinghast business of Towers Perrin, talk about the virtues of the variable annuity
Kunal Desai, manager of the Neptune India Fund, comments on the implications of the BJP’s historic election win in India’s most populous state, Uttar Pradesh. Read the full article here Important Information – for investment professionals only. Not for retail clients. Investment risks The Neptune India Fund may have a high volatility rating and past […]
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]