View more on these topics

Scottish Equitable has rating lowered

Aegon and its Scottish Equitable subsidiary have had their ratings trimmed from by two notches by ratings agency Moody&#39s. It says it has reduced the financial strength rating for ScotEq from Aa2 to A1 because of the prolonged depression in the UK stockmarket and problems at its parent group, which has seen its senior debt rating reduced from Aa3 to A2.

Recommended

A pig of a year

The big news of 2002 came early on with the January publication of CP121 outlining the FSA&#39s plans for depolarisation and the defined-payment system.The PI nightmare started in February, with prem-iums rocketing over endowment misselling fears.In February, we reported that Misys was set to outsource some comp-liance processing to India, a move that was “exclusively” […]

Who will follow in Howard&#39s way?

It looks like it is not only IFAs who had a tough year in 2002. Unlike Sir Howard Davies, however, they don&#39t have the option of bowing out of the industry for a job in academia.It may come as a surprise to IFAs that the FSA chairman and chief executive, long believed to be a […]

Revenue disallows goal

Over the past few weeks, I have been looking at employee benefit trusts, how they work, how the rules operate and, in particular, how the Inland Revenue appears to be less than happy with them. If confirmation that this was true was needed, we got it in the shape of:•The (unsuccessful) Inland Revenue arguments in […]

Witan wraps up in pension

Henderson Global Investors has made its Witan investment trust available within a pension wrapper to create the Witan simple contribution pension.Witan is already available through other investment wrappers, such as an Isa or the Jump children&#39s savings plan. The company says many pension funds invest in Witan, so creating its own pension wrapper seemed to […]

Certification guide

Guide: how to… certify your pension scheme

Certification is highly complex and surrounded by a minefield of information and auto-enrolment jargon, which can make it very difficult to understand. However, for many employers it is a necessary process that must be executed successfully.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com