Standard Life

The Secretary of State for Work and Pensions John Hutton has confirmed he has reconsidered the proposals to cap contributions in personal accounts at £5,000.

Proposals put forward in a consultation paper on the rolling deregulatory review of defined benefit pensions could see pensioners income fall by around 30% in the next 10 years, warns Standard Life.

Justin Urquhart Stewart and his firm Seven Investment Management scooped several of the key intermediary-related awards at the inaugural Adnitor Platform Awards, alongside wins for Standard Life, FundsNetwork and Transact.

Increases in interest rates over the past month have reduced people's confidence in property as an investment, claims Standard Life.

Standard Life has revealed the results of a Board reshuffle including the appointment of a replacement for Sir Brian Stewart who will step down as chairman of the company at the end of May.

STANDARD LIFE has announced its deputy chairman, Gerry Grimstone, will succeed Sir Brian Stewart to become chairman when he steps down in May, says the Times.

Personal accounts will go ahead with means-testing in place as there is no viable alternative, claims the government.

There have been a few developments recently which have put the spotlight on the relationship between the client and the adviser and, more specifically, ownership of the client between the provider and the adviser.

Standard Life is now moving into the fund supermarket space with the launch this week of a mutual funds proposition.

HM Revenue & Customs has announced it is to increase the inheritance tax reporting level for certain types of chargeable gifts to £200,000.