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Torquil Clark produces guide to pension charges

Torquil Clark has produced an investors guide to pension charges covering the main types of charges used by pension companies and guidance on how to get the most out of your pension plan.

The IFA says over the last 15 years, the difference between the best and the worst fund performance including charges was a massive £173,916.

Head of Pensions Tom McPhail says: &#39We can save investors money on charges, but that is only half the story, you also need to look very carefully at where you invest your money. Reducing the charges you pay is obviously important, selecting the investment strategy that is right for you is even more important. If you aren&#39t comfortable making such investment decisions, then you should seek advice from an IFA&#39

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Pension provider Parsoli is setting up what it claims is the first pension plan to comply with Islamic sharia law.It says the Islamic self-invested personal pension&#39s investment strategy complies with stringent criteria set out by the Koran and sharia which forbid investment in fixed-interest securities and in areas such as gambling and alcohol.Parsoli says that […]

GE Life launches balanced income and growth plan

GE Life is launching a balanced income and growth plan which offers fixed annual gross income of 8 per cent for five years. It also offers the flexibility for investors to either take monthly or annual income with the option of investing for growth. Return on capital is linked to the performance of the Dow […]

Virtual reality

Virtual compliance, the virtual office and virtual selling and servicing are some of the developments that The Exchange will be explaining to IFAs at Excom 2001 in London on November 19.The conference will consist of a series of sessions looking at how to use technology to ease compliance, improving the efficiency of selling and client […]

Seventy staff to be axed as Britannic restructures

Britannic Money is to cut around 70 staff as part of a restructuring of its business which it claims follows imp-rovements in technology.It claims the move will be a strategic step which will place greater focus on its intermediary business next year.Internal research shows that over last month 50 per cent of its agreements in […]

Can you put a hat on?

By Sarah Scott, marketing consultant You might think the question in the title is a strange one. Perhaps even more so when you learn that it’s one of several asked as part of an assessment for Employment Support Allowance eligibility in the opening scenes of the 2016 film, ‘I, Daniel Blake’. Daniel is a carpenter […]

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