withprofitsannuity.co.uk

withprofitsannuity.co.uk


Moody's affirms the A2 senior rating of Prudential plc, stable outlook
Moodys.com (press release) (subscription)
IFRS operating profit reduced slightly on a constant exchange basis by 2% with negative impacts including a GBP175 million (gross of any reinsurance recovery) provision related to a UK regulatory review concerning non-advised annuity sales.



Telegraph.co.uk

Six zombie investments to sell now
Telegraph.co.uk
Millions of home buyers took out with-profits “endowments” to pay off their interest-only mortgages, but were caught out when the investments failed to perform as promised. With-profits plans have become known for opaque charges and high exit penalties ...



FT Adviser

Just profits double on new business
FT Adviser
Just Retirement and Partnership completed a £1.4bn merger, first announced in the summer 2015, in April last year, in a bid to shore up the businesses against pension freedoms, which saw demand for their annuity products fall. According to Mr Cook, the ...



Moneywise Magazine

Investors warned to dump outdated 'zombie' products
Moneywise Magazine
With profits funds pool investors' money and aim to give you a return linked to the stock market but with fewer ups and downs than investing directly in shares, according to the Money Advice Service. But Mr Cox says they have opaque charging structures ...



Financial Times

UK insurers LV and Just boosted by pension transfers
Financial Times
The transfers helped to push up the average annuity size for Just. The company also reported a sharp jump in the volume of business it does with corporate pension schemes. Overall, Just posted a 39 per cent increase in operating profits to £67m and ...



Telegraph.co.uk

Just Retirement merger pays off as combined group sees profits soar
Telegraph.co.uk
The firm does not expect to make any further job cuts, he said. The two legacy companies decided to merge after their share prices were slammed by reforms to pensions following George Osborne's 2014 Budget that weakened demand for annuity products.



5 Investments to Dump from Your Portfolio
Morningstar
... investors need to consider the costs – including potential market value reductions, plus the tax implications of the move. They should also check whether old with profits policies have hidden charms such as valuable guaranteed rates of return ...



Moneyshow.com (registration)

Athene Holding: Growth in Annuities
Moneyshow.com (registration)
However, what is less known is that many of the stocks that brought him that fame were in fairly mundane industries such as insurance and annuities, which is where our "Rapid Profits Matrix" found Athene Holding after it recently released a better than ...

and more »


www.professionaladviser.com

Adrian Boulding: It is up to financial services to stimulate savings
www.professionaladviser.com
It is easy to be blindsided by the post-crash, post-annuity value decline blues, but there are still some positives to consider. As an example, more than eight million people working in over 600,000 companies are now saving into an auto-enrolment ...