It's our round-up of the stories your clients may have read in the national newspapers over the weekend...
Financial life planning
We've been following the development of financial life planning here on IFAonline and it seems the nationals are also taking note. The Telegraph ran a rather straightforward piece on the movement, which aims to transform the client's relationship with money, asking whether it was all worth it. It spoke to both George Kinder, the father of financial life planning, as well as a UK practitioner.
The description of financial life planning as "hippy nonsense" may have left readers unsure about its value.
Another week, another warning about carbon credit schemes, which claim to be offer investors "safe" returns of 10% to 15% a year. The Guardian reported on one City of London firm specialising in the schemes, which is set to be liquidated by the High Court later this month.
Newspaper articles your clients may have read last weekend
The credits are certificates or permits which represent the right to emit one tonne of carbon dioxide and, although they can be traded for money, they have been exploited by fraudsters.
The abolition of gender-based pricing on insurance was the focus of a piece in the Telegraph, which explained how some life and critical illness premiums could be pushed up by 25% later this year. This will all be because of a ruling by the European Court of Justice and the paper urged readers to consider their insurance needs as soon as possible, with regard to both new policies and top-ups.
It pointed out that some policies would require a report from a GP, or any medical examination or test, meaning there was little time to delay ahead of the December 21 cut-off date, after which the new rules come into effect.
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