Office for National Statistics show it is significantly below expectations
‘Emerging solutions can be transformational’
Shift to Royal London Open Fund
Strong results are 20 years in the making
Phoenix Life is reviewing the pricing of the majority of its pension funds after a rounding anomaly in some of its life products was pointed out by a retired IFA.
Phoenix Life is reviewing the charges on its Scottish Provident unit-linked funds after refunding a former financial adviser who realised he had been overcharged for years.
... that clients may call you about this week
Prudential has reported a 25% fall in the sale of its with-profits bonds, which it attributes to a fall in the number of bank advisers who were major distributors of the product.
The LV= with-profits fund achieved an investment return of 9.9% in 2012 while bonus rates for policyholders have been held or cut, the firm has confirmed.