Skandia group sales director Mike Gordon is taking early retirement in the new year. He has held the position since 1993, managing a sales-force of almost 100 consultants. UK regional offices director of sales Simon Burgess will take responsibility for international and offshore sales. Director of sales for networks and nationals Steve Powell will take responsibility for business development opportunities.
Bankhall has been chosen as preferred provider by the Institute of Chartered Accountants in England and Wales which should see up to 4,500 firms refer business to Bankhall members from N2.From its annual conference in Monaco, Bankhall has announced it has also been recommended by the Law Society of Scotland and is in discussion with […]
Only one in three people in the UK has arranged a pension, sparking fears of the population facing poverty in retirement, according to a report by Alliance & Leicester. A&L's quarterly Wealth Tracker Index of 2,000 consumers carried out in August reveals the full extent of the pension crisis in Britain and the need to […]
Stakeholder pensions will be misbought and lead to greater financial exclusion, forecasts the Swiss Re Insurance Report 2001. The report found that the pension system is still so complicated, with the minimum income guarantee and pension credits, that stakeholder will never be simple and consumers will not understand what they are buying. It says the […]
Shadow Economic Secretary Howard Flight says Ron Sandler's review of the retail savings market proves the Establishment is anti-IFA. Speaking at last week's Institute of Financial Planning Conference in Coventry, Flight slammed the review, saying: “I was shocked the Sandler consultation document contained outrageous Establishment anti-IFA bias.” He accused the review of being “shallow in […]
Most of us would agree that pensions were complicated enough before April 2015, but since the pension freedom changes came into effect it has got a whole lot worse.
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The FCA has rejected calls for a review to simplify documents at the point of sale, laying the responsibility on firms to set the way they communicate to clients. In response to a proposal from platform and Sipp provider AJ Bell to streamline client documents, the regulator agreed such documents can confuse customers, but won’t […]
They say politics is more determined by negative drivers than positive. Clown-like or otherwise, Donald Trump, Nigel Farage et al are anti-politicians who embody many of the characteristics that people feel are absent from their mainstream rivals. There has been a clear pendulum swing away from mainstream political institutions as wider disillusionment with the establishment […]
The right path to take comes down to personal choices involving timescales and units