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2 months ago | 
moneymarketing.co.uk | Amanda Newman Smith |Darius McQuaid |Faith Liversedge
There are clear benefits to writing life policies in trust. Clients can specify who they want to receive the payout, which is particularly useful for cohabiting couples who do not have the same legal rights as married couples. Payouts will fall outside a client’s estate for inheritance tax purposes if a policy is written in trust.
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2 months ago | 
moneymarketing.co.uk | Tom Browne |Faith Liversedge |Darius McQuaid |Greg Moss
Hymans Robertson has announced the appointment of Kathryn Fleming as head of DC Consulting, effective from April 2025. She will lead the firm’s Defined Contribution (DC) consulting team, helping clients navigate the evolving pensions landscape and drive innovation to improve outcomes for UK savers. Fleming takes over from Mark Jaffray, who will now focus on strategic investment advice and innovation.
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Feb 14, 2025 | 
moneymarketing.co.uk | Kimberley Dondo |Faith Liversedge |Greg Moss
Money Marketing’s Weekly Must-Reads: Top 10 StoriesThis week’s top stories: Mark Dampier questions whether private pensions are on their last legs, while the Chancellor’s inheritance tax plans for pensions come under fire. Plus, the latest industry news you need to know. Mark Dampier: Is this the final nail in the coffin for private pensions? Mark Dampier reflected on how pensions have evolved, from the unregulated ‘Wild West’ of the 1980s to today’s complex system.
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Feb 11, 2025 | 
moneymarketing.co.uk | Dan Cooper |Momodou Musa Touray |Faith Liversedge
Fintel has announced it will change to a single CEO model later this year. Joint chief executive officer Neil Stevens will step aside from 30 June and will not stand for re-appointment to the board of directors at the company’s AGM. In the interim period he will continue with his current role. Following the AGM on 20 May, Matt Timmins will take sole responsibility as CEO. Going forward, he will be supported by chief financial officer David Thompson, alongside the executive directors of Fintel.
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Feb 6, 2025 | 
moneymarketing.co.uk | Momodou Musa Touray |Faith Liversedge |Darius McQuaid
St. James’s Place (SJP) has entered a long-term partnership with Dynamic Planner to provide comprehensive client risk profiling services. Dynamic Planner’s profiling capabilities will be made accessible to SJP’s 4,800 advisers and 7,500 support staff. This collaboration supports SJP’s commitment to delivering quality one-to-one advice and supporting its advisers with advanced technology to improve the capture and evidencing of the risk preferences of its clients.
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Nov 28, 2024 | 
moneymarketing.co.uk | Danby Bloch |Faith Liversedge |Tim Sargisson |Tom Redmayne
The upcoming inheritance tax (IHT) charge on unused pension benefits is set to have a profound impact on advisers and their clients, upending retirement incomes, portfolios and, of course, estate planning. Advisers will have to undertake vast amounts of rethinking, reorganising and relearning, as our research on the advice market is starting to reveal. Pensions will rotate to become income generating and other assets will be used for IHT planning.
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Nov 25, 2024 | 
moneymarketing.co.uk | Clare Moffat |Alistair Cunningham |Faith Liversedge |Robin Powell
We have seen a real push to make pensions more visible and understandable to consumers this year. Whether it’s the ‘Pay your pension some attention’ campaign, Pensions Awareness Week or Pensions Tracing Day, the aim is to help people engage with their savings. All this activity is a great thing. The more engaged we can encourage people to be and the more they understand pensions, the better it is for them in later life.
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Nov 15, 2024 | 
moneymarketing.co.uk | Faith Liversedge |Nick Eatock |Momodou Musa Touray
The Financial Conduct Authority (FCA) and the Financial Ombudsman Service (FOS) have put out a joint call for input into how they can work together to modernise the process for consumer redress. The organisations said they have heard from stakeholders that they currently “find it challenging” to make representations to the FCA, FOS and other regulatory family members on issues that may have significant or wider implications.
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Nov 15, 2024 | 
moneymarketing.co.uk | Faith Liversedge
Have you done any of the following things this past month? Emailed your introducer with a link to your newsletter, blog or latest award win. Offered to host a webinar with them. Or shared an introducer pack. If not, read on. Maximising your introducer relationships often results in high-quality leads.
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Jun 25, 2024 | 
moneymarketing.co.uk | Paul Lewis |Faith Liversedge
The level of compliance risk facing alternative fund managers is rising and set to increase further over the next two years, according to new research from Ocorian and Bovill Newgate. The study found that 88% believe the compliance risk facing their organisation will increase over the next two years. Of these, 11% think the increase will be dramatic. This increase in risk comes against a backdrop of under-resourced compliance teams and an already high level of fines.
