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Pensions Policy Institute appoints Mel Duffield as deputy director

Influential think-tank The Pensions Policy Institute has appointed Mel Duffield as deputy director. Duffield joins the PPI from the National Association of Pension Funds, where she was head of research and strategic policy. She will work under Chris Curry, who was named as the new director of the PPI in May. Duffield says: “With the […]

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Foxtons hits market-cap of £649m after flotation

Estate agency Foxtons’ share price rose sharply during its first morning of trading after the company’s IPO on the London Stock Exchange today. Plans for the offering were reported in Mortgage Strategy on 7 June this year. Company documents show Foxtons aimed to generate gross proceeds of £390m from the intial offering and achieve a […]

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Axa Wealth fined £1.8m for investment advice failings

Axa Wealth has been fined £1.8m by the FCA for failing to ensure it gave suitable investment advice to its customers. The regulator says it found “serious defects” in the way Axa advisers in Clydesdale Bank, Yorkshire Bank and the West Bromwich Building Society advised customers on investments. Axa Wealth’s final notice, published last week, sets […]

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