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Standard Health buys First Assist

Standard Life Healthcare has announced the purchase of the private medical insurance business of First Assist Insurance Services for an undisclosed sum. It is expected for the transfer of business to be completed by 2006. The deal includes the transfer of all people involved in the running of this business along with all current contracts.

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RBS Group canvasses brokers on its brands

Brokers say its four main lending brands – RBS, First Act- ive, One Account and NatWest – need better definition to compete in the intermediary market. Group earnings were 6.9bn for the year to December 2004 and RBS Group vowed to challenge industry giants such as HBOS for market share. But brokers say it has […]

LibDems’ Cable denounces property Sipps as ‘wicked’

The LibDems have intensified their attack on the A-Day changes allowing residential property in a Sipp, with Sha- dow Chancellor Vince Cable branding the plan “wicked”. Speaking at a fringe conference event in Blackpool org- anised by the IMA, Cable said the move will encourage more people to invest in property at a time when […]

Fund managers shun volatile commodities

The resource-driven markets posed a major dilemma for UK equity income fund managers in the first seven months of this year , says Standard & Poor’s latest update on the sector. S&P fund analyst Michael Hockings says some managers were reluctant to invest in sectors where profits are dependent on commodity prices and trends are […]

Guide

Guide: reporting to the Pensions Regulator — what and when?

Johnson Fleming has published a step-by-step guide demonstrating the importance of record keeping and reporting, and how it can ensure you operate a successful scheme. The guide takes you through some key questions you need to ask and identifies the information you need to obtain. The topics include: why you need to keep records and the benefits of doing this; registering your scheme; what information you need to record to ensure you meet the Pensions Regulator’s requirements; and what items need to be recorded and when.

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