News

It has been another busy week in the world of financial services...

The Disability Benefits Consortium (DBC) has produced a ‘myth buster' factsheet issuing a stark warning for potential future claimants about the realities of the impending welfare reforms.

Just one quarter of people in employment prior to successfully claiming Employment and Support Allowance (ESA) had returned to work 18 months later, the Department for Work and Pensions (DWP) has found.

ETFM brings you a roundup of some of this week's ETF and indexing news.

Almost 30 million protection policies were in force last year with consumers receiving over £32m per day in benefits, according to the ABI.

The Dow Jones has opened slightly down, following a day of volatile trading in Europe.

Independent financial advisers wrote more than three quarters of the life and pensions business in 2010, according to figures from the Association of British Insurers (ABI).

A financial adviser and a former banker have launched a financial planning tool which projects retirement incomes.

Subscribers to the Protection Review believe the industry should address perceived problems with Activities of Daily living (ADL) & Activities of Daily Working (ADW) definitions for income protection policies.

Despite hype around ETFs following losses at UBS the value proposition they offer has not changed, said an ETF provider at the Journal of Indexes Europe meeting yesterday.