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Royal Skandia boosts fund range

Royal Skandia has added eight funds in four currencies to its self-select range.
The funds &#45 from companies such as First State, Fidelity and JPMorgan Fleming – include the US equity fund managed by T.Rowe Price.
Royal Skandia marketing manager Nic Burton says, “We are delighted to make this fund available through Royal Skandia. Larry Puglia and his team&#39s track record in managing over $9bn US Large-Cap Core strategy is market-leading and we believe it will appeal to Royal Skandia investors.”


Equitable calls on Parliamentary Ombudsman to reopen inquiry

Equitable Life says policyholders have suffered enough and is calling for the Parliamentary Ombudsman to re-open her enquiry into the insurer.In protest to the Government&#39s refusal to allow it to see the report in advance of today&#39s publication, it says there will be an “unnecessary vaccuum” as it reviews and digests the report before providing […]

NAO report allows Revenue pensions simplification

The National Audit Office&#39s report backs up the Treasury&#39s views and paves the way for the Inland Revenue to implement pensions simplification, HR consultants Hewitt Bacon & Woodrow assert. Speaking on the NAO&#39s research into the impact of the £1.4m lifetime pensions cap Hewitt Bacon & Woodrow pensions consultant Andy Cox says the NAO has […]

Big benefits are in site for Aegon

Aegon Benefit Solutions is setting up a huge worksite marketing website which it hopes will reach around three million workers in three years. It is already giving information on pensions, mortgages, credit cards and insurance to over 300,000 staff in a pilot scheme which was started earlier this month. Mymoneypal, part of Aegon&#39s mybenefits workplace […]

NAO says Treasury numbers affected by lifetime limit

The National Audit Office says the Treasury&#39s estimate of the numbers likely to be affected by the £1.4m lifetime limit is only half the figure it thinks will be hit.Th NAO also says there is a “thin evidential base” for the Treasury&#39s estimate of a further 1,000 people a year affected by the limit that […]


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