David “Martin Clunes” Stewart from the Abbey press team (no, not from Eurythmics and, no, I never tire of that joke) got more than he bargained for when his esteemed colleagues in the press office mocked up a birthday card for him from the Dark Side no less. And a birthday belated happy we wish you (in my best Yoda voice).
Pensioners’ income in retirement could be calculated according to where they live if a pilot study launched by Legal & General and Hargreaves Lansdown proves successful.
The Pensions Action Group is organising a “Stripped of our Pensions” demonstration for the fifth consecutive year at the Labour Party conference in Bournemouth on September 25. Pensioners who lost money following the collapse of their company pension schemes will demonstrate naked outside the conference.
Lutine is now able to accept life insurance applications online at www.lutine.com or through the Exchange quotation platform.Lutine managing director Jon Clarke says the development is at the heart of Lutine’s plans to provide more efficient and easy solutions to advisers. He says: “No-one really likes form filling and we have therefore made our online […]
Sesame believes small firms need more guidance about what the FSA requires as scrutiny of their compliance standards increases.The network and support service provider says many of its advisers are getting a growing number of mystery shopping visits.Sesame says the regulator is also increasingly deploying different ways to increase its reach such as sending emails, […]
Flexible benefits platforms are becoming increasingly popular, with 80% of employers with more than 100 employees offering some form of flexible benefits scheme, compared with just 11% a decade ago. However, global mobility of employees is on the rise, with nearly 57 million expats predicted by 2017, which can add further complexity to your picture.
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Scotland has introduced a new set of income tax bands, but pensions experts warn that the changes could cause issues with pension tax relief calculations. In the Scottish Budget today, the Government announced a new starter rate of 19p and then a 21p rate for those earning over £24,000. The higher rate of tax is […]
The scramble to do as many defined benefit transfers as possible while values remain high is unabated, and I am constantly amazed at how some firms have thrown caution to the wind in the hunt for their share of this – admittedly lucrative – opportunity. The problem is that advisers are putting their profits before […]
The FCA working group tasked with setting a template for fund charge disclosure is considering whether one or multiple templates would be more suitable. The institutional disclosure working group, chaired by transparency champion Chris Sier, has been tasked with creating a new template for fund costs and charges following the package of remedies outlined in […]