Pensions

People either seem to love or hate the idea of a higherAnnual Management Charge (AMC) on paid-up policies. To its supporters it’s the ‘Active Member Discount’ while itsdetractors view it as the...

Most industry experts believe this is unrealistic given the target market and expected profile of contributions. A 0.3% charge is only achievable through heavy government subsidy. This would be unfair to both...

Commentators have drawn a connection between these two events and as a protagonist for business protection I am unlikely to disagree. The share price of nearly £13 just before his death gave...

DB schemes were and remain popular amongst workers. And why not, few would argue against a predictable income at retirement, based on company service and earnings close to retirement. The decline in...

The deal, which is for an undisclosed sum, continues the French insurer's foray into financial services distribution. It purchased IFA business Thinc in 2006 and added PIFC Consulting to its portfolio of...

Mike Izzard is expected to be confirmed as chairman at the meeting, promising to promote the interests of the medical insurance adviser community in government and elsewhere.Izzard, who is managing director of...

L&G says the acquisition, which is still subject to regulatory and shareholder approval. will enable it to accelerate its push into the mass affluent market. The management team at Suffolk Life will...

The Budget rubber-stamped changes to income tax and National Insurance (NI) first announced by Gordon Brown last year. The main changes, which take effect from April 2008, are the 10 per cent...

In last month's Budget Darling confirmed that the rate of CGT is to switch to a flat rate of 18 per cent and the annual limit that employees can earn from a...

The Treasury has relaxed its approach to offshore trusts and the introduction of double taxation relief which means non-doms will now not be taxed twice on the same income and capital gains.Non-doms...