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News

uncategorised

More than 9,000 dead got state pension in 2010

More than 9,000 dead British expats continued to receive their state pension last year, it has been revealed.

clock 10 February 2011 •

Your profession

Chamberlain: Time to stop the great asset giveaway

Advisory firms must wrest back control of their clients' assets from fund houses and insurance companies or risk "perpetuating the crime" of devaluing the distribution chain, Succession CEO Simon Chamberlain says.

clock 10 February 2011 •

Your profession

Altmann: BoE is ignoring the warning signs

The Bank of England's (BoE) decision today to hold interest rates at 0.5% for the 23rd straight month represents yet another missed opportunity to combat rising inflation, experts say.

clock 10 February 2011 •

Income Protection

Cancer patients excused from work capability assessments

Cancer sufferers awaiting chemotherapy and those between courses will now be treated the same as patients already receiving treatment when claiming Employment and Support Allowance (ESA).

clock 10 February 2011 •

Your profession

Bank holds rates at 0.5%; no change to QE

The Bank of England has held interest rates at 0.5% and kept its quantitative easing programme at £200bn.

clock 10 February 2011 •

PMI

AMII claims FSCS levy could close IFA businesses

The Association of Medical Insurance Intermediaries (AMII) has branded the proposed 57% increase in 2011's Financial Services Compensation Scheme (FSCS) levy as "unfair, excessive and totally inappropriate."

clock 10 February 2011 •

Individual Protection

Women failing to protect themselves despite increasing importance - Bright Grey

Women are increasing their earning power but less likely than men to have financial protection should they suddenly be unable to work, according to new research.

clock 10 February 2011 •

Your profession

Keydata boss Ford denies responsibility for record FSCS levy

Stewart Ford, the former Keydata director whose firm's collapse drove the FSCS interim levy to the highest on record, has denied responsibility for the £326m fee and claimed advisers are a scapegoat for the FSA's mistakes.

clock 10 February 2011 •

Wrap/platforms

Global Growth sales hit record-high on Cofunds

Sales of Global Growth funds on Cofunds hit a record high in January as advisers turn to equities for income at the expense of bond funds.

clock 10 February 2011 •

Your profession

Merchant Securities acquires GT IFA

Merchant Securities has acquired wealth management firm GT Independent Financial Advisers Limited for £2m.

clock 10 February 2011 •
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