Consumers who have protection policies in place still face a 39 per cent financial shortfall if a breadwinner dies or becomes unable to work due to illness, according to research by Scottish Widows.
Schroder UK fund manager Richard Buxton says he is unlikely to be the top-performing manager of the 10 chosen to contribute to the Skandia UK best ideas fund. Buxton, who runs Schroder alpha plus, picked nine large cap and one mid-cap stock for the Skandia portfolio but is backing a small cap manager to be […]
Abbey has launched a capital guaranteed commercial property bond and three further capital guaranteed deposit accounts. The four bonds offer guaranteed full return of capital at maturity and Abbey says the commercial property-linked bond is the first of its kind to be launched in the UK. The other three bonds available are a residential property […]
Speculation, speculation, speculation are the three words driving the life industry at present.
HM Revenue & Customs says it will contact all clients receiving income from a retirement annuity who will be hit by changes to the way their annuities are taxed next year.
Much has been publicised about how to calculate the tapered Annual Allowance (AA). Are you aware that any subsequent planning could affect the taper calculations? Read more
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The Pensions Ombudsman and The Pensions Regulator have agreed to share information to increase their understanding of issues in the sector. The agreement follows the FCA and TPR announcing in February they will work together on a strategy to tackle risks in the pensions sector over the next five to 10 years. The agreement announced […]
Platform Alliance Trust Savings continues to be affected by staff departures as three senior executives are understood to have left the business. Money Marketing understands commercial director Ed Carey and customer services director Gordon Murray have recently resigned from their posts. According to LinkedIn, Carey joined ATS in 2016 as sales director before taking on the commercial […]