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LV= pensions head moves to Nest
Former LV= pensions head Ray Chinn has joined Government-backed auto-enrolment Nest. After 10 years at LV= Chinn left the firm in March. He has now joined Nest as head of retirement options. Chinn was also deputy chair of the ILAG Wealth Management Strategy Group until January this year, and was a product development manager at […]
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Advisers stand by Old Mutual amid replatforming U-turn
Nearly 90 per cent of advisers say they won’t shift platform despite provider backtracking on replatforming deal Advisers have said they are likely to stick with Old Mutual after the provider cut ties with its replatforming provider IFDS. Last week, Old Mutual announced it had cancelled the estimated £450m deal to update its current technology […]
The employment cost of The Big Society
Those with long memories will remember that in the run up to the 2010 general election there was much talk from the Conservative Party around a rather nebulous beast – The Big Society.
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Claire Trott: Protecting clients from lifetime allowance traps
More and more of my conversations with advisers are focused on those clients that have exceeded the lifetime allowance and have either not been eligible for any of the protections available at the time or have invalidated the options before they realised. There is little the adviser can do; a problem compounded thanks to not […]
M&G to transfer four funds to Luxembourg over Brexit uncertainties
M&G is to transfer four UK-domiciled funds to equivalent Sicavs on its Luxembourg platform in a “prudent” move amid uncertainties around the Brexit negotiations. The £275bn fund group, which has already outlined plans to launch Sicav funds in Luxembourg, will move £6bn in assets to the continent by November of 2017. Subject to shareholder approval, […]
Boss of pension transfer company Origo departs firm
Chief executive of technology provider best known for its transfer service to stand aside after 10 years at the top
