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Surrey firms successfully appeals PIA suspension

The PIA has revoked an intervention notice banning a Surrey firm from carrying out investment business after a successful appeal to the Membership and Disciplinary Tribunal. Millers Financial Services of 345 Whitehorse Road, Croydon, Surrey was suspended on February 24 1998 the after the PIA said &#34it appeared that it had ceased to be fit and proper&#34.

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Skipton Guernsey launches 2 year growth bond

Skipton Guernsey is launching a 2 year growth bond offering up to 18 per cent growth with a return on capital.The fund will be linked to the FTSE 100 Index and will grow 1 per cent for every 1 per cent rise in the Index to a maximum of 18 per cent.The minimum investment is […]

Royal & Sun Alliance urges IFAs to act before NIC shake-up

Royal &Sun Alliance is urging IFAs to target corporate clients before a radical shake-up of Employers&#39 National Insurance Contributions in April.The life office says that the new single rate for employees earning over £23,934 will force an increase in the employer&#39s NIC costs.It has compiled a spreadsheet to help IFAs compare the changes as they […]

R&SA extends sponsorship of Royal Yachting Association for £25,000

Royal & SunAlliance is extending its sponsorship of the Royal Yachting Association in a one-year deal worth £25,000.The life office which has been sponsoring the RYA for 18 months is fronting the cash to fund the RYA&#39s National Youth Speed Challenge.Details of the challenge which is also being backed by the United Kingdom Sailing Academy […]

Flight hits at Lisa despite advocating US 401k plans

Howard Flight MP has slammed Government plans for the Lifelong Individual Savings Account despite his avowed support for similar US 401k pension plans.Flight, the joint chairman of Investec Guinness Flight, used last week&#39s Welfare Reform and Pensions bill debate to hit out at the missed opportunity for a &#34rationalisation and reform of pensions&#34.A key concern […]

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