Four out of five trustees predict that their defined benefit pension schemes will still exist in ten years, despite half of employers predicting scheme wind-up within the next decade, says Aon Consulting....
Most UK companies are wasting money by not having a documented reward strategy in place, according to research from Thomsons Online Benefits. Less than one in three companies (29 per cent) have...
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...
