Standard Life is revising its loan plan to mark its first anniversary adding a cancellation deed that the client can sign to bring the loan to an end, creating a lifetime gift for IHT purposes.
The final draft of the Mifid level 2 rules reveal that the EU is adopting a flexible principle-based approach, giving the FSA scope for implementation. Advisers will not have to record all client conversations but will face more stringent rules regarding product suitability justifications.
The Land Registry has revealed annual house price increases are slowing.Its latest residential property price report covering October to December 2005 shows the average house price in England and Wales was 191,327.That represents an annual increase of 4.6 per cent, compared to an annual increase of 11.82 per cent for the same period last year.Sales […]
Concern as claim-chasers switch to personal loans
Mortgage provider Home of Choice is planning on branching out into pensions and investments. It is looking for a partner to introduce business to with a launch planned later this year.
By Kunal Desai, Head of Indian Equities The Neptune India Fund’s investment process serves as a key differentiating feature of the portfolio versus its peers, contributing to its significant outperformance under Manager Kunal Desai’s tenure. Focusing on industry disruption, accounting quality, liquidity and corporate governance, Kunal sets out three stocks that he’s buying in the […]
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Standard Life Aberdeen has reported outflows of £31bn in its full year results, six months after the mega merger at the Scottish fund houses completed. In August 2017, Standard Life and Aberdeen Asset Management joined forces to become Standard Life Aberdeen, a giant global asset management powerhouse running £655bn assets. In its full year results, […]
Aviva has sold the rest of its Spanish businesses as it continues to pivot back towards the UK market. Aviva began disposing all of its Spanish life and pension businesses last September, following on from the sale of its Italian joint venture and offshore Friends Provident International businesses earlier in 2017. Since 2009, it has […]
Standard Life Aberdeen has sold its insurance arm to Phoenix in a £3bn deal. In the first results since the merger of Standard Life and Aberdeen Asset Management, the firm has said it has decided to exit the insurance market. Phoenix will pay a total of £2.3bn in cash for the business. Standard Life Aberdeen […]