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Standard service for £2m investors

Standard Life has launched Standard Life Wealth, a discretionary investment management service targeting clients with over £2m to invest. The bulk of the business is expected through IFAs but it will also service clients directly.


Which? slams ‘useless’ cover

People could be wasting thousands of pounds on useless insurance, according to a new guide produced by Which?In its Money Saving Handbook published this month, Which? says although some types of insurance such as building and contents, life and car insurance are necessary, other types are often unnecessary and pay out in relatively few cases.The […]

IMA revises yield requirement for UK equity income

Advisers and fund managers have welcomed the Investment Management Association’s changes to its UK equity income and UK bond and income sector definitions.Funds in the UK equity income sector must now reassess the way yield is calculated, with the aim to achieve in excess of 110 per cent of the distributable income of the FTSE […]

Parmenion aims at £15bn SSAS sector

Parmenion Capital Partners is launching a small self-administered scheme with Premier Pension Services.Parmenion, which offers outsourced investment platform services, will provide discretionary investment management of the assets via its platform for the Consolidation Ssas while PPS will provide scheme admin.It says Ssass are still a viable product for many company directors, particularly in relation to […]

Virtual Net expands GI panel

IFA network Virtual Net has added Berkeley Alexander to its general insurance panel taking the number of providers it has links to up to six.


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