Prudential says the White Paper takes pension reform in the right direction by giving access to low-cost pensions for millions of people who do not have access to good occupational schemes.
Alliance & Leicester’s entire prime residential and specialist mortgages are now fully available online to all intermediaries, allowing immediate decisions and KFIs to be given. A&L has also cut the rates on its self-cert and prime range and launched its credit-adverse portfolio.
I was recently asked to recommend a speculative fund where the returns are likely to be outstanding. I think the answer is to choose one of the Latin American funds, particularly one which invests in the stockmarkets of Mexico and Brazil.
The Chancellor has pledged a further 2.5m from the financial inclusion fund to increase its number of debt advisers to 500.In the pre-Budget report, the Government said it recognises that debt and money management problems are best tackled by face-to-face advice and has so far committed 45m.It says the extra cash will help fund the […]
The Government’s proposals for alternatively secured pensions will not discourage people from using the product to stave off annuitisation, says Legal & General pensions strategy director Adrian Boulding.Some commentators have argued that the pre-Budget report restrictions, including an 82 per cent tax charge on death benefits, will effectively kill off the Asp market.But Boulding says […]
Smart utility metering; fitness trackers; connected cars; smart factories; precision agriculture: the internet of things encompasses myriad applications. But how do you gain exposure – and profit – from this growing trend, asks Neptune fund manager & CTO Ali Unwin. Read more: Important information Investment risks Neptune funds may have a high historic volatility rating […]
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
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 […]