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Royal London adds 2m new customers with Co-op life purchase
- Tuesday, 04 June 2013
- Articles
Members of mutual insurer Royal London have voted overwhelmingly in favour of proposals to buy the life insurance and asset management businesses of the Co-operative Banking Group.
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AIC welcomes exclusion of VCTs from FCA's UCIS ban
- Tuesday, 04 June 2013
- Articles
The Association of Investment Companies has welcomed the FCA's confirmation that Venture Capital Trusts and offshore investment companies will not be subject to the UCIS ban.
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FCA to ban retail promotion of UCIS and 'certain close substitutes'
- Tuesday, 04 June 2013
- Articles
The Financial Conduct Authority has published final rules which will ban the promotion of Unregulated Collective Investment Schemes (UCIS).
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Recession impact spreading from the better off to the poor
- Tuesday, 04 June 2013
- Articles
Falls in real earnings hit well-off households particularly hard after the recession, while many poorer households were initially relatively protected by the benefits system, according to a new study.
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Auto-enrolment rates need to increase to help younger employees
- Monday, 03 June 2013
- Articles
Hargreaves Lansdown believes contribution rates for auto-enrolment need to increase in order for people to build sufficient pension income.
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Paul Resnik hosts workshops on portfolio construction
- Monday, 03 June 2013
- Articles
Paul Resnik from Finametrica will be holding three workshops nationwide on emerging trends in portfolio construction.
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Iain Tait appointed to James Hay board of directors
- Monday, 03 June 2013
- Articles
Sipp provider James Hay has announced that Iain Tait will join its board of directors.
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Scottish Widows finds many ill-prepared for retirement
- Monday, 03 June 2013
- Articles
Scottish Widows has found people are expecting to need over £25,000 a year in retirement but their pensions funds are significantly inadequate to provide this.
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Entries open for new Accredited Financial Planning Firms award
- Friday, 31 May 2013
- Articles
A new award for IFP Accredited Financial Planning Firms opened for entries on Monday 3 June.
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Scottish Widows pays out £4m each week in claims
- Friday, 31 May 2013
- Articles
Scottish Widows paid out almost £4m every week in 2012 in life and critical illness claims.
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