Legal & General

With an major in crease expected in the Sipp market following changes to the pensions regime through the implementation of A-Day in April next year, Legal & General has published a new guide for financial advisers.

Adair Turner has approached the Investment Management Association (IMA) to examine cost-effective ways in which National Insurance contributions might be pooled and put towards a pension.

Legal & General is to review its range of individual pension product offerings, in an effort to bring them in line with changes following A-Day.

Amendments to the Financial Services and Markets Act could see the freeing up of a communication between advisers, employers and their employees, says a pensions expert.

Barclays Bank has signed a multi-tie agreement with six of the UK's big brand life insurers, ahead of depolarisation.

The Tenet Group has just announced it has "reluctantly" called off its plans to buy the troubled Lifeboat Group.

Insolvency experts BDO Stoy Hayward has filed bankruptcy proceedings against three divisions of Lifeboat Financial Group, a year after Legal & General also filed a bankruptcy petition on another division of the intermediary firm.

Endowment policyholders are still being "misled" by insurance firms, alleges a service targeted at policyholders seeking compensation payments.

Sucessful implementation of a new regulatory and tax regime governing Real Estate Investment Trusts (REITs) in the UK will depend on the government writing in additional flexibility and transparency into the rules, says Legal & General.

Life offices attending yesterday's Treasury Select Committee meeting have been "challenged" to cut the length and complexity of Key Features Documents and develop a "summary box" of a product's risks and rewards.