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Investment

Investment

UK pension deficit plunges £20bn in three days

Total UK pension funding deficits have fallen by around £20bn since the beginning of the week on the back of the equity market fall-out.

clock 18 September 2008 •

Investment

Consolidation and wealth plans for HBOS/Lloyds

Lloyds TSB plans to extend its wealth management products and services by leveraging off its own and HBOS's long term savings product suites.

clock 18 September 2008 •

Pensions

Merchant Investors waives SIPP transfer charge

Merchant Investors is waiving all transfer and top-up charges on its SIPP until the end of the year, it has announced.

clock 17 September 2008 •

Investment

TUC challenges pensions industry on personal accounts

The TUC has urged Pensions Minister Mike O'Brien to resist pensions industry lobbying to water down the test to decide whether an employer's pension scheme is good enough to qualify as an alternative to Personal Accounts.

clock 16 September 2008 •

Investment

AIG-backed Living Time operating 'as usual'

Living Time, the AIG-backed UK annuities company, has stressed it is very much "business as usual" at the firm despite the troubles surrounding its American parent company.

clock 16 September 2008 •

Investment

Mis-selling warning for advisers on overseas pension transfers

A mis-selling scandal is brewing for advisers on overseas pension transfers, according to an expert in QROPS (Qualifying Recognised Overseas Pension Schemes).

clock 16 September 2008 •

Pensions

SIPP protected rights move 'could save housing market'

Allowing SIPP investment in residential property could boost the flagging housing market and prevent a recession, a financial adviser says.

clock 15 September 2008 •

Investment

Consultation deadline approaching for DB trustees

Members of defined benefit (DB) pension schemes are being reminded they have until Friday (19) to respond to draft guidance on how to calculate transfer values.

clock 15 September 2008 •

Investment

Rowanmoor adds loan facility for property investors

Rowanmoor Pensions has introduced a streamlined lending facility in conjunction with The Royal Bank of Scotland (RBS) for clients considering property purchase.

clock 12 September 2008 •

Investment

Lincoln launches Discounted Gift bond

Lincoln Financial Group has launched a new IHT-competitive Discounted Gift bond, allowing people to move money out of estates while still retaining income.

clock 11 September 2008 •
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