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Virgin demands robust rules on Omo

Virgin Direct is calling for the FSA to ensure proposals to force pension

firms to highlight the open-market option are upfront and robust. Virgin is

concerned the regulator&#39s plans leave Omo disclosure at the discretion of

life offices. It wants to see the FSA demand standardised wording and

prominent display in the relevant literature.

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Solus takes a look at US prospects

Solus is saddling up as it heads west for the first time with the US select opportunities fund.Managed from Florida by Christian Bertelsen, the fund is an open-ended investment company. Solus is aiming the fund at medium-risk investors and will invest in between 50 and 60 US stocks, with market capitalisations of around US$5bn. Bertelsen […]

Targeting decision-makers

Money Marketing this week launches a major new initiative aimed at everyfirm in the UK employing more than 10 people to help IFAs capitalise on theopportunities in the stakeholder pension market in the run-up to theOctober deadline. Thousands of businesses have yet to seek advice on stakeholder –prospective business that could come to your firm. […]

Julian Gibbs

Over the next five years, most analysts expect commercial property to showgross returns in excess of 10 per cent a year. This is made up of yields ofaround 7 per cent plus rental growth of 3 to 4 per centa year. This shouldequate to a return of around 7.5 per cent a year net of […]

Godfrey demands &#39free&#39 stakeholders

AITC director general Daniel Godfrey is calling on the Government tointroduce “free” stakeholder pensions in a move which he claims would solvethe UK pension funding crisis by 2050. In an article for Money Marketing this week, Godfrey warns that continuingthe status quo – where today&#39s workers fund today&#39s pensioners – will leadto either “massive tax […]

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