Winterthur

One in four IFAs sees the transition to a fee-based model, treating customers fairly (TCF), and working with legislation as the biggest issues for them in the near future, a survey suggests.

Winterthur Life has reported strong new business growth across its individual pensions business in the first three months of the year.

Although Budget changes mean any residual funds from ASP will be taxed at around 82%, Mike Morrison, pension strategy director at Winterthur, says the key is to make sure there is no money left in the pot to trigger the tax charge.

The Retail Distribution Review could "raise the bar" of adviser qualifications, and restrict the choice available in an attempt to create a comparable standard across the country.

The Retail Distribution Review provides advisers with an opportunity to move into a longer term customer focused business strategy, and opens up more possibilities for factory-gate pricing, claims Winterthur Life.

Bill Mott has unveiled the themes he will be following in the opening portfolio of the PSigma income fund.

Winterthur Life has revealed the restructured management team of its IFA business, which will be headed up by new managing director David Thompson.

An increase in new individual pensions business of 122% during 2006 is the result of having its A-Day product and IT platform ready on time, says Winterthur Life.

Axa has announced further restructuring changes to its wealth management business following the takeover of Winterthur Life at the end of last year.

Winterthur Life has announced David Thompson, currently director of distribution, is to be the new managing director.