View more on these topics

Scottish Life recommends all inclusive Single Defined Contribution Scheme

Scottish Life says the DSS Inland Revenue joint paper on the taxation regime for stakeholder pensions has broadened its consumer appeal.

But the life office wants to Government to extend any new regime to encompass AVCs, Free-Standing AVCs and Retirement Annuity Contracts.

Under the DSS proposals a single tax regime will only apply to certain defined contribution schemes.

Scottish Life believes individual pension plans should be compatible with any other pensions held, whether from state or from employers.

The company says if this can be achieved, pension advice will be simpler, distribution costs will reduce and pension plans will be more stable and durable.


First Quadrant expands London team

Investment managers First Quadrant has appointed Eoin Murray as senior Portfolio manager.His role will involve investment implementation for the firm&#39s equity and asset allocation products, and business development in the UK, Continental Europe and Middle East.Murray was previously head of Asset Allocation at PanAgora Asset Management in London.

Life insurance regulation overbearing claim

Life insurance regulation has become overbearing and destructive in the UK, according to experts at an international industry conference.The levels of regulation and its effect on employment within the industry were highlighted at an international conference held in Chicago.International Membership Communications Committee of the Million Dollar Round Table UK chairman Terence O&#39Halloran says: &#34There has […]

Mortgages-by-phone from Norwich and Peterborough

Norwich and Peterborough Building Society is to launch a discount mortgage, which will only be available through the Society&#39s call centre.The mortgage offers a choice between a big discount with compulsory buildings and contents insurance, or a lower discount with no compulsory tie-ins.Direct Business general manager David Jervis says: “Some customers may prefer to insure […]

£12bn Annuities and Drawdown market for IFAs

Annuities and Drawdown are exciting and growing markets, worth £12bn to IFAs, according to The Income Drawdown Advisory Bureau director Robert Lymburn.In a speech to The Insurance Institute of London last week, he says it is a market which is becoming more specialised and dividing into three distinct segments.At the bottom of the market there […]


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