News

The growth of the US ETF market is likely to be driven by active ETFs as a number of potential new issuers are seeking to list them, according to the New York Stock Exchange.

Pensions minister Steve Webb has revealed more than six million people continued to pay National Insurance contributions (NICs) in 2008-09 despite having already qualified for a full state pension.

Aegon paid 94% of critical illness (CI) claims in the first half of the year, a 3% increase on its overall result for 2010 (91%).

Holloway Friendly has launched an enhancement to their Purely IP income protection product - Purely Day One.

Canada Life has produced a free calculator allowing over 20 calculations.

Capita Group has bought Insurance Medical Group Limited (IMG) for an undisclosed sum.

The National Employment Savings Trust (NEST) will allow employers to make pension contributions using a debit card, a payment method most other providers shy away from.

Pensions minister Steve Webb has said the government will revisit the issue of risk-sharing as part of its drive to reinvigorate occupational pensions.

IFAs must review their clients' enhanced pension protection to see if they could benefit from switching to the new fixed protection, Hornbuckle Mitchell says.

The Personal Finance Society yesterday issued its interpretation of the rules regarding the status of advice post-retail distribution review(RDR).