Standard & Poor’s has cut Skandia’s insurance rating from A to A- following the announcement that Old Mutual’s offer is now termed unconditional.
A week of resignations, retirements and appointments at the FSA has seen former journalist John Murray take the helm of the regulator’s communication team. The appointment of Murray as communications director came in a week that also saw the departure of three lead- ing members of the regula- tory body. Murray’s role is newly created […]
Liontrust Investment Funds
First Opportunities Fund
The Association of International Life Offices is launching a brochure to help UK advisers better understand offshore investment bonds and why they might be suitable for their clients.
The Pensions Regulators new statutory funding objective must be flexible and pragmatic enough to reflect the long term nature of pension scheme funding according to the National Association of Pension Funds .In its response to the Pensions Regulators consultation on scheme funding, the NAPF says the objective will be a major factor as to whether […]
Stan Russell, head of pensions business development, examines why advisers should be talking to their clients about DB-to-DC transfers, and the factors that need to be considered. Read more
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The rise in IHT takings has prompted complaints around the new residence nil rate band’s impact
The Association of Investment Companies will not be hosting the new key information documents on its website saying to do so would be irresponsible. Since 1 January, Priips legislation has meant advisers have to publish a stand-alone, standardised KID to their client including performance scenarios, risks, and the total cost of products. However, trade bodies […]
The Financial Services Compensation Scheme has paid out £5.7m so far to nearly 800 customers of collapsed discretionary fund manager Strand Capital. The payments were made to 796 investors over the past two weeks. The payments related to client cash only. The compensation was paid directly into customers’ self-invested personal pensions. An administrator’s report published in […]