News
uncategorised
Prudential has released a desktop app in a bid to boost annuity business with IFAs.
22 November 2011
•
Wrap/platforms
Wrap platforms have defended Hargreaves Lansdown's plans to charge a flat fee of up to £2 per month for tracker funds, saying the move is one of commercial necessity.
22 November 2011
•
Tax Planning
HM Revenue and Customs (HMRC) has defended its hiring policy after it emerged graduates were working on open tax inspection cases within six months of joining the service.
22 November 2011
•
Wrap/platforms
The FSA has deployed the services of Big Four accountancy firm Deloitte to quiz platforms about its proposed ban on fund manager and cash rebates.
22 November 2011
•
RDR
Friends Life will widen its annuity product range and ramp up its consumer marketing next year in a bid to avoid losing its existing savers, and to capture more when it becomes an open market option (OMO) provider.
22 November 2011
•
Investment
Exchange traded product (ETP) turnover fell by 16% in Europe last week, although fixed income ETP volumes jumped 37%.
22 November 2011
•
Wrap/platforms
Vestra Wealth has appointed Cofunds as its fund custodian in a deal which will see the wealth management partnership entrust over £600m in assets.
22 November 2011
•
Regulation
Three men have been sentenced to nine years for a boiler-room investment fraud, the Serious Fraud Office has said, including one man who stole the identity of a registered financial adviser to commit the crime.
22 November 2011
•
Group Protection
A new breed of rehabilitation only group risk products is likely to be born if the results of the Sickness Absence Review are followed through, Legal & General has said.
22 November 2011
•
Economics / Markets
The former chief executive of AIG is suing the US government for $25bn for its 'unconstitutional' takeover of the insurer in 2008.
22 November 2011
•
