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Research uncovers the number of canny annuity shoppers
- Monday, 10 December 2012
- Articles
MGM Advantage, the retirement income specialist, has analysed the number of customers who shop around among financial advisers looking to compare annuity rates.
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Skandia restructures its retail adviser sales team and axes 20 roles
- Monday, 10 December 2012
- Articles
Skandia, part of Old Mutual Wealth, says it will restructure its sales team in an effort to enhance the support it provides to financial advisers. It will cut about 20 of the 100 jobs in the team.
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Adviser warns business owners about VAT risk on pension property purchase
- Friday, 07 December 2012
- Articles
Preston-based financial advisory group Taylor Patterson is warning business owners not to forget about VAT when purchasing a commercial property through their pension.
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Architas rolls out its fund range to several more platforms
- Friday, 07 December 2012
- Articles
Architas says it will extend the availability of its funds in a broader platform distribution strategy.
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AXA and Ascentric see assets top £5bn in 2012
- Friday, 07 December 2012
- Articles
AXA Wealth's Elevate wrap platform now has over £5bn in assets under management. The company says this represents a rise in assets of more than 40 per cent since the start of 2012 (up from £3.5bn.
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GDP down by 0.1% in the euro area and up by 0.1% in the EU27
- Friday, 07 December 2012
- Articles
GDP fell by 0.1% in the euro area (EA17) and increased by 0.1% in the EU27 during the third quarter of 2012, compared with the previous quarter, according to second estimates published by Eurostat, the statistical office of the European Union.
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VCT managers believe Chancellor's pension changes could boost VCTs
- Thursday, 06 December 2012
- Articles
The Association of Investment Companies says VCT managers believe they can fill some of the gap left after the Chancellor's announcement this week that from 2014-15 tax relief will only apply to pension savings up to £40,000 annually and up to £1.25 million over a lifetime.
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Towers criticises Autumn Statement annual pension allowance cut
- Thursday, 06 December 2012
- Articles
Towers Watson, the consultancy firm, has voiced concern about the impact of the Chancellor's reductions in pension allowances.
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Full summary of key announcements in Autumn Statement
- Wednesday, 05 December 2012
- Articles
Full summary of Autumn Statement announced by George Osborne today including all the figures relating to pensions and tax allowances.
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UPDATED: Reactions to Chancellor's Autumn Statement
- Wednesday, 05 December 2012
- Articles
Financial Planning firms and providers have given a mixed response to today's announcements made by Chancellor George Osborne in his third Autumn Statement.
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