Hargreaves Lansdown has signed up retail giant Sainsbury to use its annuity search service to help its employees find the best open market option.
Hargreaves Lansdown has developed an Annuity Search Engine system that allows pension scheme trustees and members to find competitive annuity rates, enabling them to shop around for their annuity quickly and easily.
Thursday, February 28, 2002Aim: Growth by investing in public houses south of the M4Minimum investment: Lump sum £2,100Opening/closing date: January 29, 2002/May 31, 2002Charges: Initial 5.95%, annual 2.8%Commission: Initial 2.5%Tel: 020 7426 4315
Nationwide Building Society is refunding a total of £90m to 400,000 mortgage customers affected by the Financial Ombudsman's ruling that its dual-pricing policy was unfair.In January, the ombudsman dismissed Nationwide's appeal and upheld its ruling in the case of a borrower wanting his discount mortgage to be linked to Nationwide's lower base mortgage rate of […]
Skandia is raising the stakes in the IFA fund supermarket war by pledging to pay advisers up to 5 per cent commission until the end of the Isa season.The deal offers advisers the chance to take 5 per cent initial commission on all online business through its Multifunds, MultiIsa and MultiPep range until the end […]
The Scottish Professional Footballers Association has picked IFA Park Caledonia as its recommended provider of financial advice to past and present members.The move will provide Caledonia, which sponsors the Scottish Youth Football Association and the youth international teams, with access to all former and existing professional players in Scotland.SPFA members will also be able to […]
Since last year’s reforms to pension legislation, a significant number of retirees have chosen income drawdown over purchasing an annuity. This has presented risks to both individuals and their advisers. In this article the risks are explained – and, importantly, strategies are presented that could help mitigate them. Read this article
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Knowledge of how the tax relief rules work for corporate losses will add considerable value to an adviser’s proposition Financial planning tends to focus on situations where there is available capital or income – very possibly created from business profits for SME owner-managers. But sometimes businesses make losses, and an awareness of how the tax […]
Close Brothers Asset Management saw net inflows jump 43 per cent to £1bn year-on-year, from £757m in 2017. The business released its preliminary results for the 12 months to 31 July today. Close Brothers says the strong inflows were delivered by its own advisers and investment managers, as well as third party advisers. Coventry-based Adrian […]
The Financial Ombudsman Service has told Tenet to compensate a client for its failure to give timely advice that resulted in an annual allowance charge of around £14,000. In the ruling, Mr T was a client of Tenet Connect, Tenet’s network of advisers, who found he was under threat of redundancy and made an appointment […]
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