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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It is unclear whether the FCA will consider widening its platform exit fee ban after the regulator poured cold water on reports it was preparing a new consultation. The Financial Times reported this morning that discussion had taken place over a potential paper laying the background for a widening of the proposed exit charge ban […]
Too many new initiatives are ignoring the obvious foundation available from which to build on Last month’s Budget documents confirmed the government is supporting the pension dashboard project, setting aside £5m to fund it. But the most significant part of the announcement was that the documents referenced “pension dashboards” – plural, not singular. The clear […]
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