Product providers have rejected claims that a recent surge in with-profits bond sales is the result of a marketing push.
Informed Choice joint managing director Nick Bamford relates his experiences of having FSA staff to work on secondment in his offices in this week’s issue.
Investec Structured Products has launched a third series of structure product plans.
Arrears levels of non-conforming residential mortgage-backed securities rose to a record 23.31 per cent in the second quarter of this year, with Rooftop and GMAC-RFC seeing particu- larly big increases.
An investment bond offers investors certain tax advantages, one of which is the ability to take partial surrenders from the investment. This facility allows the policyholder to withdraw amounts up to 5% of the amount invested each policy year on a tax deferred basis, without incurring any immediate tax liability. This tax deferred allowance can […]
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Aviva has apologised after a website issue left some advisers unable to submit applications on behalf of clients last week. Money Marketing understands online access was disrupted until at least 5:30pm last Friday. It is understood some advisers were unable to submit applications on behalf of clients, for example, life and critical illness cover applications. […]
Retail investors have stuck by Neil Woodford in 2017 despite several multi-managers pulling money from the star fund manager. The Woodford Equity Income fund was the second most popular with Bestinvest retail investors, although Fundsmith Equity was the “clear and decisive winner” when it came to inflows via the investment platform, says managing director Jason […]
The FCA, The Pensions Regulator and The Pensions Advisory Service are to attend a public meeting at Port Talbot on Thursday for British Steel Pension Scheme members. The FCA confirmed the meeting was taking place and that executive supervision director investment, wholesale and specialist Megan Butler would represent it there. The meeting is a chance […]