FSA chief executive John Tiner has hinted the regulator could be ready to finally scrap RU64 in the next two weeks after telling the Treasury select committee many of the dangers that prompted the rules introduction are no longer relevant and new measures are in place to stop misselling.
Standard Life is suspending the launch of its discounted gift plan until the rules surrounding inheritance tax valuations are clarified. The company, which put all its trust plans on hold following the Budget, says it needs clarity on the IHT valuation implications of payments to the settlor and how the trust will be valued in […]
The Mortgage Business Expo takes place in Manchester this week involving 130 lenders, packagers, technology and legal companies, networks and clubs.The free event takes place at the Manchester G-Mex on 17th and 18th May with a seminar programme including CML director general Michael Coogan, Nationwide group economist Fionnuala Earley and Abbey chief economist Barry Naisbitt.Chairmen […]
Skandia Investment Management is set to launch a global best ideas fund this summer, which the group says will aim to take the 10 best ideas from 10 of the world’s top fund managers and put them into a single fund.
A few weeks ago, I suggested that paranoia is a key personality trait among IFAs. My comments stung quite a few of you into emailing me on the subject, with some of the responses weirder than the role played by Gene Hackman in the 1970s’ film The Conversation, where he appears as a surveillance expert who refuses to buy a phone and will not tell his girlfriend his real age or what he does for a living.
New research has proven the positive impact that protection, health and wellbeing (PH&W) benefits have upon a business.
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The Financial Services Compensation Scheme has declared self-invested personal pension operators Stadia Trustees, Brooklands Trustees and Montpelier Pension Administration Services in default. The lifeboat fund has received around 150 claims for compensation relating to the three businesses. Those claims relate to how the businesses set up, operated and administered Sipps through which people invested in […]
The Department for Work and Pensions has confirmed it will not change the pensions triple lock and will explore bolstering the powers of The Pensions Regulator in the forthcoming legislative period. The DWP published its “single departmental plan” yesterday, which sets out five objectives it is working towards over the next four years. It has […]
Sam Seaton talks about how her interest in people affects her approach to technology