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News

Investment

Fidelity unveils roadshow line-up for New Year

Fidelity is putting forward a number of big name managers across the investment spectrum for a series of adviser roadshows in the New Year.

clock 11 December 2009 •

Income

'Irrational' 82% tax hitting ASP popularity

Less than 3,000 people have taken out an alternatively secured pension (ASP), according to AJ Bell.

clock 11 December 2009 •

Structured Products

FSCS begins payouts on Lehman-backed products

The FSCS is to start considering compensation claims for Lehman-backed structured products sold by NDFA, Defined Returns Limited and Arc Capital and Income, saying the products may have been mis-sold.

clock 11 December 2009 •

Economics / Markets

Recovery 'on track' for OECD countries

World economies including the UK are likely to continue to recover and grow, according to the Organisation for Economic Co-operation and Development (OECD).

clock 11 December 2009 •

Group Protection

L&G increases group IP cover benefits

Legal & General (L&G) has increased the maximum benefit on its Group Income Protection scheme from £300,000 to £350,000 for all new and switching schemes.

clock 11 December 2009 •

Regulation

FSA tightens stress testing requirements

Businesses must undertake a reverse stress test, in addition to other risk tests, under stricter FSA guidelines.

clock 11 December 2009 •

Structured Products

Investec issues new range of struc prods

Investec Structured Products has launched a new suite of eleven plans supported by a range of counterparties.

clock 11 December 2009 •

Wrap/platforms

Novia unveils life-planning tool

Novia is linking up with Voyant to launch a software tool enabling advisers to provide a US-style life-planning service.

clock 11 December 2009 •

Group Protection

Mercer: Flex ben schemes reduce overall cost

Nearly one in four employers has reduced their benefit costs by introducing a flexible benefits scheme, according to a survey of UK employers conducted by Mercer.

clock 11 December 2009 •

ETFs

Invesco PowerShares to launch four FTSE RAFI funds

Invesco PowerShares will launch four ETFs based on fundamentally weighted indices on February 1, 2010.

clock 11 December 2009 •
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