Zurich, which is returning to the protection market following its recent rebrand to Zurich Assurance, has reduced its critical-illness, term insurance and decreasing mortgage cover rates by 25 per cent. It will review its rates on income protection and adaptable life plans in the second half of the year.
One sector which has been neglected by many IFAs is European smaller companies. This is one area where good fund management really counts because smaller companies all over Europe are still much underresearched.
Berry Birch and Noble is launching a new medical IFA division aimed at advising healthcare professionals in the UK. Headed by Steve Higson, BBN Independent Medical Services will offer advice on all aspects of financial planning to anyone in the medical profession. BBN are recruiting new advisers to staff the service, and hope to have […]
I am about to give you a lot of personal information in order for you to provide me with independent financial advice. How do I know this information is safe and will not to be used for other purposes?
Hartford Life, which has assets under management of 201bn worldwide, is planning to offer 40 best of breed funds from six product providers through its investment bond, to be launched in the second quarter of the year. Investors will be offered a capital guarantee option on their portfolio for an extra fee. The firm will […]
The Department for Work and Pensions (DWP) has unveiled a new communications campaign to raise awareness of the new State Pension that will be launched next year.
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A long‑term strategy for the asset management industry will be published by the Government, it was announced in today’s Budget. The Investment Management Strategy 2 will ensure the industry “continues to thrive and deliver the best possible outcomes for investors and the UK economy,” the Autumn Budget policy paper says. The Government will work closely […]
The state of the UK economy with Brexit looming In 2017, growth is expected to come in at 1.5 per cent, falling to 1.4 per cent in 2018 Through 2019 and 2020, growth is set to fall again to 1.3 per cent, before picking up to 1.5 per cent in 2021 and then to 1.6 […]
Chancellor Philip Hammond has scrapped stamp duty for first-time buyers on properties worth up to £300,000. Speculation was rife in the media in the run up to the announcement that the tax would be scrapped altogether for FTBs to make home ownership more affordable for young people in the UK. The Chancellor has said that […]