February 2019
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  • Pension transfer values – lower volatility

    17 February 2019

    While pension transfer values as measured by the XPS Pensions Group Transfer Value Index ended January 2019 at £235,000, showing no changed from the end of December 2018, Sankar Mahalingham, head of DB Growth, XPS Pensions Group, does not rule out greater volatility over the next few months. Mahalingham said: “Transfer values rose over the first...

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  • Defaqto launches critical illness comparison tool

    17 February 2019

    Defaqto has launched a critical illness cover comparison tool, designed to compare new and historical policies. CIC Compare uses historical data to allocate scores to the main critical illness definitions of all policies dating back to 2009, allowing advisers to compare not just the current versions of products but earlier versions as well as...

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  • Richard Allum – 3 top tips for outsourced paraplanners in 2019

    15 February 2019

    If you’re running an outsourced paraplanning service, or looking to set up this year, what should you be considering as part of your strategy? We asked Richard Allum, director of The Paraplanners, for 3 top tips. Outsourced paraplanning has come a long way in the 17 years since I started my business. There’s a...

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  • 245,000 NHS Pension Scheme exits put down to lack of understanding

    15 February 2019

    Chase de Vere Medical believes a lack of understanding around the benefits of the NHS Pension Scheme is resulting in too many people opting out of the scheme. The national firm has called for there to be greater education or advice given to NHS employees, as a recent Freedom of Information request by the...

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  • Recession on the cards, warns Schroders’ economist

    13 February 2019

    Schroders’ senior European economist, Azad Zangana is warning that weak UK growth figures point to risk of recession this year Growth in the UK economy slowed sharply in the final quarter of 2018 as Brexit uncertainty weighed on business investment. Real GDP growth fell from 0.6% in Q3 to just 0.2% in Q4, lower...

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  • SMEs looking to increase pensions and benefits for staff

    13 February 2019

    Small and medium sized business owners are set to place greater emphasis on benefits and pensions over the next two years in an effort to boost retention and recruitment levels, new research has shown. In MetLife’s study of companies employing between 50 and 300 staff – which make up around 34,000 businesses across the...

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  • Support need for equity-release advice highlighted

    12 February 2019

    More support is needed for equity-release qualified advisers in order to make the product more accessible to consumers. According to the latest research by Canada Life Home Finance, 40% of advisers ranked more support to help advisers become qualified ahead of better education for customers (37%) and lower product costs (37%) as the main measure...

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  • What might we expect of the Regulator’s RDR and FAMR Review?

    12 February 2019

    While not having a crystal ball, ATEB Consulting’s Steve Bailey looks at FCA commentary to date and makes some comments and predictions. Initially due to be undertaken in 2017, the FCA’s review of the Retail Distribution Review (RDR) will now be done this year (2019) and will coincide with a review of the, not...

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