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“I don&#39t know but it still does not leave much room for advice. If they do not raise the cap, it will make it very hard for these products to be sold.”

Martin Gale, Martin Gale

“I think they will eventually – the market has been saying they should for a while.”

David Rigby, Beresford Insurance Brokers

“Yes, I think it probably will. Without a doubt, this cap will be brought in for all the products.”

Steven Thorpe, Cave & Sons

“I don&#39t know. I think the politicians have made their own decisions and they believe they need to set a price cap no matter what the industry thinks.”

Michael Ellesmere, Central Independent Advisers

“Yes, there is a reasonable chance that they will bring it in for all the Sandler products.”

David Bray, Chamberlain Associates

“Yes it is certainly hopeful. The reality is that 1 per cent really has not worked. It is abysmal that the lower paid are those who have been excluded. The 1.5 per cent gives leeway for advice to be funded.”

Robert Graham, Robert Graham & Co

“Yes. I think it is likely if the lobbying is vociferous enough and I hope it will be.”

Roy Davenport,HD Financial Services

“I would like to think so but it is pretty unknown. It would be good if they did.”

Mark Glasgow, Glasgow & Co

Yes – 62%

Maybe – 38%


Tories say pensions bill not good enough

Shadow pensions minister Nigel Waterson has slated the Government&#39s Pensions Bill, released today, saying it contains no incentive to save for retirement. He claimed the Government&#39s approach is like “tackling a fire by promising fire insurance for the future instead of calling the fire brigade”. Specifically, the Tories say the Bill will do nothing to […]

Lenders are hit by fast-track TV attack

The Money Programme&#39s second investigation into fraud in the mortgage market moves the spotlight from brokers to lenders, accusing them of turning a blind eye to flagrant abuse of self-certification and fast-track mortgages. The programme, broadcast on Wednesday night, shows the anger of brokers who feel that lenders are taking no responsibility for the problems […]

Skandia offers distribution choice

SKANDIA MultiBond &#45 Skandia Distribution Bond Type: Unit-linked bond Aim:Income and growth by investing in a range of distribution funds Minimum investment: Lump sum £5,000 Fund links: Skandia Axa distribution, Skandia DWS managed distribution, Skandia New Star managed distribution, Skandia Norwich distribution, Skandia Prudential distribution, Skandia distribution portfolio Allocation rate:100% Special offer: Allocation rate increased […]

Friends Prov cuts bonus rates

Friends Provident is cutting bonuses on its with-profits policies with payouts falling by an average of six per cent.Regular bonus rates on its with profits “Main Series” products have fallen by between 0.25 per cent and 1 per cent. The changes see regular bonuses on its new generation pensions fall from 3.4 per cent in […]

Investment Forum

Position Portfolios for a Changing China, Accelerating Disruption and More Political Discourse Is China an asset class? Why Investors’ Understanding of China is Changing How is disruption changing the way we invest? Established Ways of Doing Business Are Being Challenged What to Watch: Why politics matters more than ever in 2017 Key takeaways: Despite volatile […]


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