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News

Income Protection

Pioneer unveils new IP plan

Following a successful pilot Pioneer has officially launched its income protection policy, Bills & Things.

clock 22 October 2009 •

Protection

Zurich loses 51,000 UK customers' details

Zurich today admits to losing the general insurance details of 51,000 of its customers while transferring the data from the UK to South Afirca.

clock 22 October 2009 •

Investment

IFAs relying more on corporate clients

A survey highlights the growing importance of corporate clients to the IFA industry.

clock 22 October 2009 •

Property Investment

Skandia Property fund invests £12m in commercial market

Skandia Property fund sub adviser Nigel Pickup (ING Real Estate) is set to purchase six retail units in Ipswich for £12.35 million.

clock 22 October 2009 •

TCF

FSA threatens one-man firm over long-stop campaign

The FSA is threatening "follow-up action" against an IFA seeking to time-bar client complaints by including a 15-year long-stop in his terms of business (ToB) contracts.

clock 22 October 2009 •

Economics / Markets

Daily market snapshot: Weak US trading prompts FTSE fall

European and UK stocks opened down this morning, with the FTSE 100 losing 1.1%, reflecting the weak performance of US markets yesterday.

clock 22 October 2009 •

Emerging Markets

Investors shun emerging markets despite bullish forecast

A third of UK investors have no exposure to emerging markets despite the majority expecting the region to be the top performer over both the medium and long-term.

clock 22 October 2009 •

Regulation

AIFA calls for review of Ombudsman

The Financial Ombudsman Service (FOS) has become a second-tier regulator and needs to be scaled back, according to AIFA.

clock 22 October 2009 •

Investment

Financial crisis sparks execution-only to advice switch

National IFA Pantheon Financial Management has reported an estimated 40% jump in enquiries for its advisory services from existing execution-only clients since the financial crisis.

clock 22 October 2009 •

ETFs

IFAs favouring fixed income ETFs

IFAs accessing ETFs via wrap platforms this year have followed the trend in the unit trust world with a preference for fixed income vehicles, according to iShares data.

clock 22 October 2009 •
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