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News

Wrap/platforms

Zurich raids rivals to beef up platform team

Zurich UK Life has recruited 20 staff from rival platforms as it prepares to launch its retail platform later this year.

clock 28 October 2011 •

Income Protection

Women increasingly claiming ESA

The number of women claiming sickness benefits is rising much faster than for men according to analysis of Department of Work and Pensions (DWP) statistics by Legal & General.

clock 27 October 2011 •

Investment

Warning 'pounds and pence' pension charges will hit small pots

Plans to introduce a code of conduct forcing pension fund management fees to be disclosed to savers in a simple "pounds and pence" format may actually end up costing lower-paid members more, industry figures have warned.

clock 27 October 2011 •

Equities

Fund sales dive to lowest level since 2008

Fund inflows in September were at their lowest level since the credit crunch hit markets in October 2008, while quarterly figures were down two thirds on last year, according to the latest figures from the Investment Management Association (IMA).

clock 27 October 2011 •

uncategorised

Italian MPs in fisticuffs over pension cut plans

Italian MPs became embroiled in a punch-up in parliament after a party leader's wife was dragged into the debate about pension reform.

clock 27 October 2011 •

Long Term Care

LTC furore sparked after BBC probes trust business

A row has broken out over the use of trusts to avoid long term care (LTC) fees after a BBC investigation.

clock 27 October 2011 •

Economics / Markets

Jim Rogers: Surprise 50% Greek haircut not enough to save Europe

Jim Rogers has welcomed last night's eurozone deal, saying the size of the haircut for Greek bondholders was much higher than he had expected.

clock 27 October 2011 •

ETFs

Eurozone resolution should boost silver

Silver ETCs are gaining interest and the metal could perform well as economic factors boost its growth, according to ETF Securities.

clock 27 October 2011 •

International

Data sharing scheme tackles PMI fraud

The Association of International Medical Insurance Providers (AIMIP) has agreed a deal to help cut fraud throughout the private medical insurance (PMI) sector.

clock 27 October 2011 •

Investment

FSA proposes new rules for banks after packaged account probe

The Financial Services Authority (FSA) has proposed a new set of rules to ensure banks and building societies check customers are eligible for insurance products before selling them packaged accounts.

clock 27 October 2011 •
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