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News

uncategorised

Man jailed after claiming dead father's £90k pension

A man has been jailed for claiming his dead father's state pension for more than two decades.

clock 14 October 2011 •

uncategorised

Pensions Regulator beats Lehmans in latest court battle

The Court of Appeal has ruled that pension scheme liabilities are prioritised over other unsecured claims when companies collapse.

clock 14 October 2011 •

Offshore Investment

Luxembourg fund benefits from favourable land outlook

Lucent Group says the supportive political and demographic fundamentals in the UK is set to see the outperformance of land as asset class.

clock 14 October 2011 •

Wrap/platforms

Zurich: Our platform will not 'nick' your clients

Zurich has pledged its new platform will focus solely on the intermediary sector and will not target adviser clients like other "predatory" players entering the B2C space.

clock 14 October 2011 •

Offshore Investment

European money market funds back in favour

Latest data from the European Fund and Asset Management Association (EFAMA) shows how investors fled the turmoil of the financial markets for safer havens - notably turning to money market funds.

clock 14 October 2011 •

Wrap/platforms

Openwork launches IFDL-powered wrap

Openwork has announced it will launch its own wrap platform powered by Investment Funds Direct Limited (IFDL).

clock 14 October 2011 •

RDR

Advisers will be star-rated post-RDR, says panel

A ranking system for IFAs and planners is inevitable post-RDR, according to a number of leading industry figures.

clock 14 October 2011 •

uncategorised

Govt to cap deferred pension member charges

Legislation capping pension charges for workers who have built up pension rights but switched jobs has been announced by pensions minister Steve Webb.

clock 14 October 2011 •

Economics / Markets

S&P cuts Spain's credit rating

Standard & Poor's has delivered another blow to sentiment across Europe after cutting Spain's long-term credit rating by one notch, from AA to AA-.

clock 14 October 2011 •

Wrap/platforms

Fidelity appoints Standard Life man in direct business drive

Fidelity Worldwide Investment has appointed Mark Till as head of UK direct business as it looks to ramp up its activities in the execution-only market.

clock 14 October 2011 •
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