View more on these topics

ScotLife pension cash-in claims

Scottish Life is claiming it is prepared to cash in on an expected stakeholder pensions led boom following a 37 per cent rise in new premiums last year to £800m.

The performance was driven by a 21 per cent surge in group personal pensions, plus premiums from its international operations nearly doubling last year.

The mutual also reports new single and regular premiums had risen by nearly 400 per cent over four years.

Scottish Life group chief executive Brian Duffin says: “This establishes a strong platform from which we can secure a significant share of the large volumes of new pensions business we expect will be written in the lead-up to the planned stakeholder launch in April 2001 and beyond.”


Opra sings out against stakeholder

The Occupational Pensions Regulatory Authority has blasted stakeholder plans for small companies as virtually &#39unworkable&#39.The regulator fears Government proposals allowing firms with less than five employees not to offer stakeholder will simply prove too difficult to regulate unless new guidelines are introduced.Opra wants stakeholder plans to be redrafted so firms must only set down the […]

NatWest survival prediction

National Westminster has boosted its chance of fending off takeover to more than 50 per cent, according to a City analyst.Brokers Teather & Greenwood banker analysts Martin Cross says Natwest&#39s chances are stronger since it warned investors of the historical problems with complex mergers and strengthened its management.Cross says: “We predict that Natwest will survive.”But […]

Isa rates give Tessas a beating

Investors are being warned the gap between Tessa and Isa returns is widening, by statistics provider Moneyfacts.Tessa rates offered by some high street bank have been outstripped by more than one per cent by their Isa replacements.Chase de Vere Investment adviser Janine Starks says Tessa rates are generally beginning to be taken over as providers […]

FSA vision for &#39New Millennium&#39

The Financial Services Authority is publishing its new operating framework “for a new millennium”.The statement includes details on the regulator&#39s understanding of its statutory aims and assesses the risks of achieving statutory objectives .The document also describes the range of regulatory tools the FSA will use and how the it will implement its strategic approach.FSA […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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