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News

Pensions

Suffolk Life links with Verbatim Asset Management

Verbatim Asset Management's discretionary fund manager (DFM) offering is now available on Suffolk Life's single investment manager self-invested personal pension (SimSIPP).

clock 18 February 2013 •

Regulation

IMA: fund managers left on the hook over FSCS funding

The Investment Management Association (IMA) has called on the Financial Services Authority (FSA) to increase the amount insurers and banks contribute to the Financial Services Compensation Scheme (FSCS) after warning fund managers faced cross-subsidies...

clock 18 February 2013 •

Investment

NEST cap 'will hurt some members' retirement income'

The National Employment Savings Trust (NEST) £4,400 contribution cap may prevent some of its members from achieving adequate retirement income, according to the Pensions Policy Institute (PPI).

clock 18 February 2013 •

RDR

FSA: we will not check if advice is value for money

The Financial Services Authority (FSA) has moved to calm some firms by making clear it will not be analysing adviser charging data to see if it represents "value for money" to customers.

clock 18 February 2013 •

Income

Enhanced annuity sales exceed £4bn

UK enhanced annuity sales reached £4.48bn in 2012, an increase of 49% from the previous year, according to research from a pension consultant.

clock 18 February 2013 •

Income

Aviva introduces new protection and guarantees on annuities

Aviva is extending guarantees and offering an increased value protection period on annuities.

clock 18 February 2013 •

RDR

Regulator upbraids firms for failing to send in qualifications data

The Financial Services Authority (FSA) has criticised firms for failing to send in details of advisers' qualifications.

clock 18 February 2013 •

Pensions

Aegon and Zurich link with Barclays on workplace pensions

Barclays' workplace savings division has linked with Aegon and Zurich to provide occupational pensions.

clock 18 February 2013 •

Managed solutions

Openwork launches funds for multi-asset solution

Multi-tied network Openwork has launched four funds which will form the basis of a range of multi-asset model portfolios soon to be available via its investment proposition, Omnis.

clock 18 February 2013 •

Managed solutions

UBS builds passives range with first onshore retail offering

UBS Asset Management is to become the latest group to boost its passive fund offering in the UK, as it launches the first product in a new range for retail investors.

clock 18 February 2013 •
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