Simplifying the anti-money laundering process could deliver major benefits to advisers, providers and consumers.
Reliance Mutual is to acquire the £50m life assurance business of Eurolife, for an undisclosed sum.This acquisition represents 11,000 policies with £50m funds under management. The policies comprise whole life, term assurance and pensions, both conventional and unit linked. There are no with-profits policies being transferred.Following the transfer, the policies will be administered from Reliance […]
The Inland Revenue’s technical amendments to A-Day rules means investors avoid being tested against the lifetime limit twice, says Scottish Equitable pension development director Stewart Ritchie.
Standard Life has brought out the second issue of the secured capital plan, a capital-protected Oeic established under the European Ucits III legislation.
Mike Riddell, fixed income portfolio manager at Allianz Global Investors, reviews the performance of the UK government bonds market post-Brexit and assesses its future prospects, as well as giving his outlook for global fixed income markets and yields movements. In addition, he provides a brief analysis of the impact of Brexit and the Bank of […]
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Simplybiz says adding another partner will gives its members more choice and spread the workload among providers
Investors are shunning US equities as turmoil within President Trump’s administration continues, with sentiment towards the asset class dropping from 0.85 per cent to -2.54 per cent in the month to August. US equities fared almost as badly year on year, with the second biggest drop in sentiment of 13.06 percentage points, the Lloyds Private […]
Nottingham Building Society is offering free financial advice to members as part of an extension of its reward scheme. The building society is promoting the free, face-to-face financial planning as part of a member reward scheme that will also to deliver cash back payments to select members and other benefits to more than 100,000 of […]