View more on these topics

Rooker championing IFA claim

IFAs will have a key role to play in the stakeholder according to pensions minister Jeff Rooker.


Rooker told Money Marketing he believed IFAs will be essential to provide advice to small companies and scheme members on a group basis.


But Rooker says he will be disappointing many IFAs by ruling out the cost of advice being added to the one per cent annual management charge.


Rooker says: “We do not envisage many people needing advice other than through the decision trees. If they do need additional advice, this cost must be explicit and up front.”

Recommended

RBS calls to US in NatWest bid

Royal Bank of Scotland is looking for US support in its £21.8bn hostile takeover bid for National Westminster Bank.RBS chief executive Sir George Mathewson is flying to the States to woo US shareholders, having registered the offer with the US Securities and Exchange Commission .The bank now has a week&#39s head start over rival bidder […]

Endowment defenders

Endowment mortgages have been defended by two leading providers.The moves follow the widely-reported misselling scandal surrounding the investment schemes forcing many savers to top up their schemes. Standard Life marketing manager John Hylands says: “Endowments still have a place and they have made up 10 per cent of our mortgage business last year. The anti-endowment […]

Simple hearted

It is fair to say that 1999 will be remembered by most of us for a numberof reasons. Isas arrived, yet more new pension arrangements were on thedrawing board, pricing regulation in the form of Cat-marking came back tothe UK after more than a decade away, product league tables were proposedand English cricket maintained a […]

Bumper year for pension funds

UK pension funds recorded a bumper 1999 with iinvestments on average growing 20.6 per cent. This compares 14 per cent in 1998.Average returns for the decade of the 1990s was 12.5 per cent a year.WM Company executive director Peter Warrington says: “This was an incredible year, with an end-result beyond most people&#39s expectations.”

Seeking quality in uncertain markets

By Ewan McAlpine, Senior Client Portfolio Manager In uncertain times, investors naturally seek safety. But in fixed income markets, what does that really mean? Ewan McAlpine outlines the approach RLAM’s Fixed Income Team will be adopting across its credit funds in response to potentially volatile markets this year. Click here for full article

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com