The UK’s state pension system has been rated the worst in Europe for the second year running, by Aon Consulting. An average earner retiring this year would receive a pension worth 17 per cent of their salary compared with an EU average of 57 per cent.
Over three-quarters of estate agents say the number of instructions for properties with three or more bedrooms has fallen by more than 10 per cent since the introduction of home information packs.The National Association of Estate Agents says 76 per cent of its members have seen double-digit drops, with 46 per cent of those seeing […]
Ex-Olympic athlete Roger Black is pictured (far right) with Scottish Widows chief executive Archie Kane (far left), “widow” Hayley Hunt and Dr Gavin Strang, MP. at a women and pensions event held at the House of Commons recently. Black is the Scottish Widows representative for the company’s sponsorship of the 2012 Olympics.
Sesame members now have free access to Lifequote’s Intelligent Protection software.The software has been soft-launched to Sesame’s 3,900 appointed representatives, with a formal launch set for January. Sesame Direct users can use the software for a fee.Product manager Phil Hull says: “We have been looking for ways for more protection to be sold through the […]
Watching bank shares getting hammered recently was not a pretty sight as these shares have been the cornerstone of UK equity income portfolios. Now that you can receive a dividend return vastly in excess of the deposit rate offered, you have to wonder just what is going on.
Jelf, an independent full-service UK-based brokerage that supports businesses and individuals, has announced its interim results.
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National advice firm LEBC has acquired Bristol IFA Aspira Corporate Solutions for £5m in cash and shares. Aspira has nearly £0.5bn in assets under advice, 50 staff and more than 11,000 clients. Aspira chief executive Derek Miles will join the LEBC senior management team. LEBC says the acquisition will “increase turnover significantly”. LEBC chief executive […]
AJ Bell saw assets under administration increase by 25 per cent to £39.8bn in 2017 for the 12 months ending 30 September 2017. In 2016 AUA was £31.8bn. The business also reported a 29 per cent increase in profit before tax to £21.7m (2016: £16.8m). AJ Bell says the increase in AUA was largely driven […]