View more on these topics

Villa in deal with HSBC

HSBC has signed up a deal with Premiership football side Aston Villa to supply its staff with stakeholder pensions.

The high-street bank will be offering its plan, which it claims was the first stakeholder launched by a bank, to Villa&#39s 250 employees.

The agreement follows last week&#39s announcement by Legal & General that it is supplying stakeholder pensions to Villa&#39s premiership rivals Newcastle.

The move has sparked speculation that providers will scramble to be selected by Premiership clubs for their stakeholder needs.

HSBC head of life, health and pensions Harpal Karlcut says: “HSBC&#39s appointment reflects the bank&#39s determination to offer customers the best possible terms.”

Aston Villa finance director Mark Ansell says: “We believe HSBC offer the service and confidence that is required in dealing with a significant area in staff&#39s financial affairs.”


ICS demanded £1m pledges from Towry Law&#39s directors

The Investors&#39 Compensation Scheme says it demanded £1m personal guarantees from Towry Law executive directors to cover any potential further pension misselling liabilities. The guarantees were made a condition of the £30m Advizas&#39 deal. They will apply only if it emerges the seven executive directors were aware of but failed to fully disclose additional liabilities,. […]

PIA heaps on review woes for IFAs

The PIA&#39s recently issued CP35 on the pension review is one of those documents that you glance at once and then immediately file away in the “too difficult” drawer. Could the regulator possibly have found a more complicated way of setting out what amounts to who has to pay what to whom and by when? […]

Abbey Nat warning for Royal London recruiters

Abbey National has warned rival Royal London not to poach Scottish Provident staff for its new Edinburgh-based protection business. ScotProv has also sent employees a memo outlining how joining the competitor could have legal implications and telling them if they are approached they must inform the head of personnel immediately. ScotProv has been haemorrhaging staff […]

UCB Home Loans – Buy2Let 5 Year Fixed

Thursday, 6 September 2001.Fixed term: Five years.Fixed rate: 6.89 per cent.Minimum loan: £25,001.Maximum loan: Up to 80 per cent of valuation subject to a maximum of £400,000.Income multiples: 3.25 times principal income plus second plus 6.5 times annual rental income or 2.75 times joint plus 6.5 times annual rental income.Arrangement fee: £495.Redemption fee: Six months&#39 […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm