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Investment

Investment

DMD 'cool-off' period could affect annuity rates - GE Life

GE Life has lengthened the guarantee period of its annuity quote and is calling on rival providers to follow suit, as implementation of the Distance Marketing Directive could affect the annuity rate offered.

clock 12 November 2004 •

Investment

A-Day spells 'MayDay' for clients, says Winterthur-life

Pensions specialist, Winterthur Life has warned delays to simplification detail will block IFAs providing absolute advice.

clock 12 November 2004 •

Investment

Pension deficits - the doom is bull

FTSE 100 employers' pension deficits have increased by and aggregated £8bn over a three-month period even though there is an apparent recovery in the equity market, research suggests.

clock 11 November 2004 •

Investment

Longevity corporate bond proposed to diversify pension funds

French Bank BNP Paribas is launching a new concept in institutional corporate bond investment which is designed to combat some of the problems pension funds have with investing in corporate bonds.

clock 10 November 2004 •

Investment

PASS offers to lighten FSCS levy

Product providers signed up to the PASS Fees agreement are prepared to pay a one-off additional contribution to the FSCS levy worth £1.5m.

clock 09 November 2004 •

Investment

ABI selects Lipper fund classifications

Lipper, the Reuters fund information supplier subsidiary, has won the tender to provide the ABI with data to beef up monitoring of investment classifications for life and pension funds.

clock 09 November 2004 •

Investment

Massive gulf between pension expectation and reality

New research has highlighted an increasing gap between ‘expectation and reality' individuals have regarding their pension schemes.

clock 08 November 2004 •

Technology

A-Day chaos seen in tech survey

Technology provider Dunstan Thomas' latest survey of IFAs, pensions administrators and providers suggests they face a herculean effort in order to overcome the challenges of A-Day.

clock 08 November 2004 •

Investment

£200m enhanced annuities being lost

Research suggests there is as much as a 30% difference between the best and worst annuity rates in the market, says GE Life.

clock 05 November 2004 •

Investment

Pensions 'auto-enrolment' may defy EU rules

Proposals by Work and Pensions Minister Alan Johnson to automatically opt people into pension schemes appears to be in contravention of pending EU legislation, point out pensions experts.

clock 05 November 2004 •
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