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Standard offers cash calculator

Standard Life has added a tax free lump sum calculator to its adviserzone website as part of its countdown to simplification campaign.

The tool will enable advisers to calculate whether their clients are entitled to tax free cash above 25 per cent of their pension fund and plan ahead for A day accordingly.

Standard John Lawson marketing technical manager says: The A-Day picture is now largely complete and most of the legislation is now in place.

“While most advisers understand the implications of moving to a single tax regime, it is extremely important that they take action now to make the most of the opportunities it will create.


Why does the FSA fear recording?

The FSA does a field visit on an IFA in whose offices is a prominently displayed sign stating that conversations may be recorded. The regulator must surely be aware that IFAs hold it and its staff in rather less than the highest regard. Without specifically informing the FSA field officers, which was probably a little […]

Reynolds to head up BM Solutions sales team

Martin Reynolds has taken the position of head of sales, with immediate effect replacing Alan Cleary who has received an internal promotion. Within his role Reynolds will lead the BM Solutions sales team and manage BM Solutions’ relationships with its key accounts. BM Solutions director Tim Hague says: “Combining sales with Martin’s key account responsibilities […]

GE Life enhanced annuities rise 1%

Intelliflo will be the biggest software provider for the IFA sector within three years, claims chief executive Nick Eatock. The company is among the five biggest software providers for the IFA market, doubling user numbers from 2,000 to 4,000 since the management buyout from former parent Millfield in January, and Eatock says the firm’s use […]

Govt sets out three-pronged strategy for affordable homes

The Government has outlined details of its flagship HomeBuy scheme designed to enable 100,000 people to find their own home by 2010. The proposals draw on feedback from key stakeholders, including social tenants, buyers and housing providers to a recent consultation paper. Under the proposals, which will come into force from April next year, there […]


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