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Professional Adviser

Professional Adviser

Articles by Professional Adviser

Investment

Standard Life postpones Variable Annuity product launch

Standard Life has delayed the launch of its Variable Annuity product, due to volatile market conditions.

clock 20 October 2008 •

Investment

NU says IFA bond commission cut may set precedent

Norwich Union (NU) says it has laid down the gauntlet for other providers after slashing the IFA commission on its Portfolio Bond.

clock 20 October 2008 •

Investment

Pru to launch 'best of breed' fund range

Prudential is set to launch a new extended fund range across all its tax wrappers, giving advisers access to independently selected "best of breed" vehicles.

clock 20 October 2008 •

Economics / Markets

FTSE soars as Wall Street opens up

London traders entered a buying frenzy late on Monday afternoon as US markets opened on a positive note, with the FTSE100 jumping 155.25 points (3.82%) to 4,218.26.

clock 20 October 2008 •

Your profession

Public borrowing hits record level

The Government borrowed a record amount of more than £8bn in September as it attempts to spend its way out of recession.

clock 20 October 2008 •

Mortgages

Cutting SVR branded anti-TCF

Kent Reliance Building Society says it would not be treating its savings customers fairly by cutting its standard variable rate (SVR).

clock 20 October 2008 •

Pensions

Call for clarity on Protected Rights transfer rule

Hornbuckle Mitchell has called on the Department for Work and Pensions (DWP) to clarify its ‘proportionality' rules in relation to Protected Rights transfers.

clock 20 October 2008 •

Your profession

Stan Collymore wins £1.5m damages for poor advice

Former football star Stan Collymore has been awarded more than £1.5m in damages after a High Court court ruling found financial advice he received was negligent.

clock 20 October 2008 •

Your profession

UK recession will get worse - Ernst & Young

The UK economy is already in recession and will continue to contract for a further three quarters before any recovery is made, a new forecast warns.

clock 20 October 2008 •

Offshore Investment

Obama attacks 'offshore loophole' with Bill targeting secrecy jurisdictions

A Bill supported by Senator Barack Obama, designed to prevent tax evasion and target offshore secrecy jurisdictions, has been slammed as ‘anti-competitive' and ‘draconian'.

clock 20 October 2008 •
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