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Zopa has signed up 1,000 users

Online consumer lending portal Zopa has signed up over 100,000 users since its inception in March 2005.

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Skandia says Government can’t justify Asp restrictions

The Government has failed to justify limiting the use of alternatively secured pensions and explain why offering them more widely could constitute abuse, says Skandia Life head of marketing Billy MackayThe Government says Asps are only designed for groups such as the Plymouth Brethren with religious objections to annuities but Mackay rejects its argument that […]

London Life transfer valuation £70k short

London Life has come under fire after underestimating the transfer value on a client’s pension fund by £70,000. Intelligent Pensions tech-nical director David Trenner received the first transfer value of £126,544.37 on January 14. Trenner queried the figure and got a letter on June 12 restating the figure at £195,049.56 – a 36 per cent […]

‘Poor should not pay for the rich’

NPSS savers should not be forced to subsidise the rich by being herded into annuities, says IMA chief executive Richard Saunders. Speaking at the Money Marketing/Cicero pension summit in London last week, Saunders argued that low-income NPSS savers with lower life expectancy will end up paying for the retirement incomes of the rich if pushed […]

Young dreams

Helen Pow says young people want to have a rich retirement but are not making the necessary investment

In search of value? Banks and the sectors leading Europe’s recovery

By Rob Burnett, head of European equities, Neptune  After nine years of underperformance versus quality growth, Rob Burnett, manager of the Neptune European Opportunities Fund, believes that value strategies have reached an inflection point. Watch Rob discuss why he believes value is well positioned to resume its historical trend of outperformance. Click here to watch […]

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