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.
Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]