View more on these topics

Single older women unlikely to go to IFAs

Single older women in the UK are far less likely to look for independent financial advice than younger women according to a survey carried out by RJ Temple.

Only 11.9 per cent of women over 55 said they would go to an IFA if they needed advice compared with 44 per cent for women between 25 and 54.

RJ Temple communications manager Liz Walkington says: “We have long recognised the need for specialist financial advice for the single older lady with assets market , that we have labelled SOLA, and our research confirms that this need has been largely overlooked.”


Clerical Medical offshore and international business

Clerical Medical has announced that its business derived from offshore and international sources now exceeds £5bn in assets under management. The increase has been rapid with the £5bn mark being reached only 10 months after £4bn was achieved. Clerical Medical and its subsidiaries&#39 total assets under management now stand at over £29bn. Clerical Medical international […]

CA and CML slam FSA over loan regulation

The Consumers&#39 Association and the Council of Mortgage Lenders have expressed serious concerns over the FSA&#39s decision not to regulate mortgage advice. Their criticism comes in response to the FSA&#39s consultation on mortgage regulation, which ends this week. The failure to include mortgage advice under the regulatory umbrella forms the biggest objection within their responses […]

Broker ban in multi-tie start

IFAs, franchisees and tied agents will be excluded from setting up shop as multi-ties in the first phase of the FSA&#39s polarisation reform. The regulator does not envisage brokers becoming multi-tied in their own right for selling stakeholder pensions and Cat-standard Isas in a paper issued last week. Money Marketing revealed last December that franchi […]

Widows pension offers external funds

Scottish Widows is offering a stakeholder pension which gives policyholders access to external funds and pays standard Lautro commission levels. The company says its plan meets the Govern ment&#39s standards as well as offering access to a range of 17 investment funds managed by Widows and funds from Merrill Lynch, Schroders and Newton. Widows says […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment