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News

Long Term Care

Saga paid out £156k for mis-sold LTC funds

Saga paid 12 people £13,000 each in compensation after one of its advisers mis-sold them funds within long term care (LTC) plans.

clock 07 December 2011 •

PMI

Patient employment targets for NHS

The new NHS focus on patient outcomes will specifically target getting those suffering long term conditions or mental illness back into work.

clock 07 December 2011 •

Economics / Markets

New Star and Evershed settle out of court

Patrick Evershed and New Star have agreed a confidential settlement, bringing to an end the former fund manager's claim for unfair dismissal.

clock 07 December 2011 •

Long Term Care

Three things we learned this week

Retirement Planner's round-up of the top pension stories this week.

clock 07 December 2011 •

Long Term Care

RP poll: Are drawdown issues sparking interest in investment-linked annuities?

In this week's Retirement Planner quick fire poll we ask: With pressures on maintaining drawdown income levels is there more interest in moving to flexible investment-linked annuities?

clock 07 December 2011 •

Critical Illness

Changing lifestyle could prevent 40% of cancers

Bad lifestyle choices such as smoking, poor diet, high alcohol intake and excess weight are responsible for ‘around 40% of all cancers', according to new research.

clock 07 December 2011 •

Investment

Cru promised buy-outs to IFAs who moved all clients into its funds

IFAonline has uncovered documents which show Cru Investment Management offered IFAs who moved all of their clients into its funds preferential buy-out terms when they wanted to exit the industry and sell their business - but only after they had been with...

clock 07 December 2011 •

Investment

Revealed: The Cru switch pitch (how to charge all clients 1% trail)

Cru Investment Management encouraged advisers to invest all of their clients in Cru funds at a blanket rate of 1% trail commission, in a presentation one IFA has branded a "shambles to encourage churning".

clock 07 December 2011 •

Investment

Cru's 12 steps to switch all clients to its funds

Cru Investment Management gave advisers a 12 step plan to migrate all of their pension and investment clients to its funds, with the offer of a lucrative succession strategy for exiting advisers if they did.

clock 07 December 2011 •

Investment General

Evershed dealt blow as ex-colleagues deny Duffield was a bully

Partick Evershed's claims he and other staff members were bullied by New Star Asset Management founder John Duffield have been dismissed by three of his ex-colleagues.

clock 07 December 2011 •
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