News

SIPP investors who have the vast majority of their assets held in Unit Trusts or OEICs may be better off using a platform pension due to cost, says Skandia.

Ashcourt Rowan has appointed Jim Roberts, founder of Skandia Investment Management, to the board as a non-executive director.

Paradigm Mortgage Services has added protection specialist, Engage Mutual Assurance, to its protection panel.

Consolidation vehicle Succession Advisory Services has taken on four member firms in 2012, bringing in combined assets under management (AUM) of some £430m.

A former adviser at NHFA has launched a stiff defence of the advice given - and products sold - by most of his ex-colleagues after parent company HSBC was fined £10.5m for mis-selling investment bonds to the elderly.

People paying 50% tax must claim extra tax relief on their pensions before February or risk losing thousands for good, a private bank estimates.

Windsor Life, the closed-book insurer, has rebranded as ReAssure.

Local authorities may take an "aggressive stance" against schemes designed to help individuals avoid long term care (LTC) fees, an expert has warned.

The art market posted stellar returns in 2011, with the Mei Moses All Art index returning 11%, outpacing leading equity indices.

Trades union Unite has rejected the government's latest offer for reform of local government pensions.