Standard Life Investments head of mutual funds Alan Burton is set to become the next Autif chairman.
Burton is currently the only nominee for the position and is set to be voted in at the annual general meeting in London on May 9.
Current chairman and Zurich Scudder Investments deputy chairman Alan Ainsworth is stepping down after two years in the position.
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HSBC to extend free will service
HSBC will continue its offer of a free will-writing service for its life insurance, income protection and critical-illness policyholders until the end of September.The offer was launched last April but the bank says it has proved very popular.Around 250 wills are being drawn up each week under the service and the average age of customers […]
Rates of change
We are living in the age of the mortgage wars. Media coverage of the mortgage business has come out of the ghetto of the business pages on to the front pages of the nation's tabloids.Cheltenham & Gloucester and Alliance & Leicester are the latest lenders to join the ranks of the rate cutters since battle […]
Assured Life helps out the uninsureable
TD Waterhouse has entered the market for structured products with the introduction of its protected investment plan (Pip). This guaranteed equity bond is linked to the FTSE 100 index over a term of five-years and one month through a Guernsey-based investment company that is listed on the Irish stock exchange. Investors in the Pip will […]
Fidelity stretches its Isa lead
Fidelity looks set to retain its Isa season sales title convincingly as this year's likely winners and losers are revealed in a new IFA poll.The Keydata survey, which polled 4,000 IFAs, reveals ABN Amro as the unexpected second-placed provider following strong performance from Nigel Thomas's UK growth fund and the launch of a UK select […]
Neptune video: a bull case for US equities?
Watch Felix Wintle, head of US equities at Neptune, discuss why he believes US equities are in a structural bull market and the key factors that can drive the S&P 500 higher.
In the video, Wintle addresses the following:
• The US market and why — despite equities rising from 2009 — he believes the structural bull market only started in 2013
• Key economic and corporate factors that can drive the S&P 500 higher
• Investment themes and sectors offering exposure to the domestic recovery
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Pensions dashboard petition surpasses 14,000 supporters
Close to 15,000 people have pushed back against alleged government plans to shelve the pensions dashboard by signing a petition. This week it was reported secretary of state for work and pensions Esther McVey’s was moving to scrap the project. The petition, hosted by 38degrees, has collected 14,377 of a target 15,000 signatures in just […]
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Tim Sargisson: Why the tables are turning for small advice firms
Back in May, I wrote about the pressures building in advice firms due to a shortage of highly skilled staff and the consequent costs in recruiting. With Apfa research finding profits from retail investment advice fell 16 per cent between 2014 and 2016, I thought businesses faced a worrying future. But last month’s FCA Data […]
Trustee brought in to oversee defunct pension firm’s schemes
The Pensions Regulator has appointed an independent trustee for the 15 schemes linked to the now shuttered Fast Pensions. Fast Pensions and five connected companies were wound up at the High Court in May. According to an Insolvency Service statement, it is estimated around 520 people were persuaded to transfer a total of at least […]