View more on these topics

Sesame sets out equity-release guide with wave of firms poised to move in

Sesame is publishing an equ- ity-release booklet for members to give to clients with an expected wave of new providers moving into the market.

The guide has been produced in response to mounting concerns about equity-release business which have been compounded by the FSA investigation in May.

Equity Release Solutions, the referral service set up by Sesame, has produced the guide, which is aimed at advisers who want to deal with clients in this area but are either not authorised to do so or do not want to take on the additional risk of writing this type of business.

Sesame has been talking to providers planning to offer equity-release products and believes there will be around 13 providers in the market by October. Prudential, Halifax and Australian provider Bluestone are all known to be looking at moving into the sector.

Sesame head of complex advice Tim Eadon says: “Increasing regulation and complexity have dissuaded many advisers from this area. This is very much consumer-led but there is a degree of concern from IFAs, which is why we are launching this service.”


Jupiter opens staff fund to public

Jupiter is to open its staff investment funds to the public under the name Merlin Balanced, aligning it with its three other Merlin vehicles managed by John Chatfeild Roberts. The 41m Jupiter Neptune fund, as it has been historically known, houses money paid to Jupiter employees following the take-over of the group by Commerzbank.

Howard is new chairman of FSCP

John Howard is to take over as chairman of the Financial Services Consumer Panel in October, replacing Ann Foster.Howard is a journalist and broadcaster with experience including presenting Radio 4s You and Yours programme. He is also a qualified solicitor.Howard has been a member of the panel for four years and was a member of […]

DTI confirms changes to UK company law exempting split -caps

The DTI confirms the Government is making changes to UK company law from October 1 protecting investors from new accounting standards threatening to hit their incomes. The revisions will ensure that split capital investment trust shares will not be treated as liabilities for the purposes of investment company legislation. The Association of Investment Trust Companies […]

Inheritance tax and estate planning – exemptions and reliefs

By Kim Jarvis, technical manager with Canada Life’s ican Technical Services Team In this article we look at the main exemptions and reliefs that are available on death. Within the article, spouse also means civil partner.   Nil-rate band Under current rules, any part of the estate that falls within the available nil-rate band (NRB), […]


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