Consumer Intelligence has investigated life insurance prices from advised and non-advised sales. Direct Life, Life Policies Direct, Lifesearch, Sainsbury’s, Standard Life and Tesco Personal Finance have been mystery-shopped.
Skandia Investment Management has established a multi-manager ethical fund that combines manager of managers with funds of funds approaches.
The Tenet Group launched a new IFA this week called Foster Denovo and headed by exec- utive chairman Keith Carby. Foster Denovo – foster mea-ning to nurture and de novo meaning new and better – will transfer Capital Planning adv-isers producing more than 100,000 a year. The firm intends to grow organically and says it […]
Close Brothers Investment
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David Blunkett has resigned as Work and Pensions Secretary after breaking the ministerial code of conduct by taking a directorship of DNA Bioscience before May’s election, without consulting an independent body which advises on these matters.Blunkett was due to address the Work and Pensions select committee today but this meeting has been cancelled. There is […]
Last week was Adult Learner’s Week, a celebration of lifelong learning and continued education. But why should education stop after school?
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It is likely the increased regulatory scrutiny on fund managers’ value could filter down to advice firms in the future In my last article, I considered the influence a non-executive director could have in challenging an advice firm’s business model in light of the pension transfer issues. Now, in its asset management market study final […]
The financial services industry has failed to find ways of nudging consumers to think about their options at retirement, despite three years of pension freedoms. A panel at the Association of British Insurers retirement conference today lamented the way companies talk to people about pensions and the lack of engagement it inspires. ABI director general […]
The new chief executive of the single financial guidance body can expect a salary of £175,000 a year, according to a job advert posted online. The advert, posted on the Cabinet Office website says applications will close in mid-May with final interviews held in early July. The date for announcing the successful candidate has not […]