The Government has admitted sellers packs are unlikely to be introduced until 2004 after it failed to secure a parliamentary slot for the legislation. The compulsory packs, which have come under fire from the housing industry and MPs for their high cost, were scheduled to launch in 2003 but the Department for Transport, Local Government and the Regions now concedes this is virtually impossible. It says a parliamentary slot is unlikely to be found until next year.
Recently, I have been reminded how useful a role the old section 32 buyout policy can play in the new pension scenarios, regardless of whether we are looking at group or individual business.Starting with group business, the trend away from defined-benefit towards defined-contribution business, already well established among small and medium-sized employers, has now become […]
If you were asked to name a profitable area of financial planning, the chances are that basic life insurance would not immediately spring to mind. But one area of protection planning which IFAs largely miss out on at the expense of banks does fit the bill – business loan protection.Business lending is almost always conditional […]
Holland has been one of the few dark clouds on CGNU's horizon since Norwich Union and CGU surprised many by pulling off their nil-premium merger.CGNU's Dutch fund management business looked to be going well and promised much for the future. But a cursory glance at the company's recent figures shows sales of equity-linked products in […]
Lives: Highgate, North LondonBorn: June 4, 1945, in East SussexAge: 56Education: Bradfield College, Berkshire and Trinity College, OxfordCareer to date: Director of Camden Community Law Centre, Writer for New Law Journal, Head of Communications at the Law Society, Insurance OmbudsmanCareer Ambition: “Very happy with whatI am doing now, thank you.”Life ambition: “To win the tennis […]
Good and growing companies are still to be found, Simon Edelsten, manager of the Artemis Global Select Fund, tells Ross Leckie – even in a world marked by low(er) growth and political uncertainty.
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Providers are reviewing their marketing packages to advisers at conferences and on websites amid concerns they will fall foul of new inducement rules under Mifid II. Mifid II, which came into force on 3 January, brought in more stringent rules around “non-monetary benefits” from providers to advisers. The rules have been translated into the FCA conduct of […]
A misleading headline rate of unemployment means opportunities are being overlooked by investors
The FSCS is budgeting an extra £3.5m to cover the cost of running the scheme this year. The management expenses levy, which is used to cover the cost of administering the scheme separately from any compensation payments made, proposed for 2018/19 by the FSCS today is £77.7 million, up 5 per cent on the previous […]