Scottish Life has launched an income release plan that allows clients the freedom to access their pension fund before retirement.The plan provides a traditional income drawdown facility but also allows customers to withdraw tax-free lump sums without the need to take income and then continue to save for retirement.Illustrations for the new product will be […]
Aifa has appointed Tracy Elwick as its new director of public relations and marketing.Elwick was previously group marketing manager for Pet Protect Limited, part of Domestic and General, and has also acted as a consultant for a number of Government departments.Elwick replaces Tracey Mullins, who left the trade body to move to Dubai, and will […]
The FSA’s Individual Capital Adequacy Standards briefing shows UK insurers are well placed to tackle the challenge of Solvency II according to the Association of British Insurers.ABI director of financial regulation and taxation Peter Vipond says the FSA’s Insurance Sector Briefing ‘ICAS – Lessons learned and looking ahead to Solvency II’ will help insurers prepare […]
BBC programme Panorama will report on research which has found that seven out of ten homes repossessed in recent months were owned by sub-prime mortgage borrowers.Research shows that sub-prime borrowers equate for more than 70 per cent of 7,000 homes repossessed in the last three months.Panorama, which features tonight at 8.30pm on BBC 1, will […]
Last year proved to be a busy time for Johnson Fleming’s events team. In addition to attending and hosting events across the country, the company orchestrated a series of webinars that took place throughout the year.
Advice network Intrinsic is funding a 58-week training programme through the Quilter Financial Adviser School to get more get more advisers to join its ranks. The course includes specific Intrinsic training throughout the core QFAS programme and means advisers will be trained on Intrinsic systems and processes. It is open to any student who will […]
Influential think tank the Institute for Fiscal Studies has added to pressure on the government from the pensions industry not to restrict tax breaks ahead of the Budget later this month. The IFS says it would be a “step in the wrong direction” to resitrct pension tax breaks on high earners, even though it could […]
Advice firm consolidator AFH is looking to raise £15m to fund more acquisitions by offering new shares in the company. It will sell new ordinary shares in the company at 370p a share in a quickfire offering, with the proceeds used to “execute the company’s acquisition pipeline”, AFH said in a stock market announcement today. […]