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Property prices fall

House prices fell 4.2 per cent in the 12 months ending in May, according to the latest price index from Halifax.


Swiss Re buys Alico policies

Swiss Re has acquired 300,000 life insurance policies and £1.6bn of assets from Alico. It agreed the deal for an undisclosed sum last week via its business unit Admin Re, which acquires blocks of in-force life and health insurance business. Last November, MetLife bought AIG subsidiary Alico for £10.8bn. Swiss Re executive board member and […]

How’s your grandfather?

Concluding my series on IHT disclosure with a check on grandfathering arrangements


Product descriptions must be explained

Providers must explain to consumers what is meant by terms such as guaranteed, protected and secure when they are used in financial promotions. In its quarterly consultation paper, the FSA says: “The industry has developed a growing and innovative market for products, including structured products, which are often described as guaranteed, protected or secure. “We […]

International jurisdictions

By Neil Jones, Canada Life Investing through international providers has grown in popularity over recent years as investors seek out the benefits of gross roll-up and the wider range of investment options that can be available. When considering a recommendation for a lump sum investment, not only does the adviser have to select a suitable tax wrapper […]


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There is one comment at the moment, we would love to hear your opinion too.

  1. Julian Stevens 13th June 2011 at 5:42 pm

    And they’ve a lot further to fall yet before any sort of sensible relationship with incomes is re-established. The banks and the FSA between them have a helluva lot to answer for in terms of having disenfranchised a generation of first time buyers. But still the big salaries and bonuses continue ~ we’re all right Jack and to hell with the rest of you.

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