Rating agency Moody’s has downgraded Aegon to negative after the firm reported an expected fourth-quarter loss of £1.08bn and an underlying loss before tax of £179m in its preliminary results on Tuesday.
On October 1, 1962, I took up my place at a desk in Cheapside, London in the pension department of what was then called Yorkshire Insurance Company, now buried deep within Aviva. In my 46-plus years, I have felt that I have been on a perp-etual learning curve, never more so than in recent years.
A survey conducted by Johnson Fleming at the Pension & Benefits Show 2014 highlighted the key challenges faced within organisations post auto-enrolment. The results showed that communicating the changes and the value of them to staff, and receiving timely data from the payroll provider proved to still be the most challenging aspects of managing an auto-enrolment scheme.
Trouble ahead for Europe? Against a backdrop of Brexit and high sovereign debt, European funds have had a problematic year Brexit has been unavoidable for the past two years, dominating almost every aspect of British life. While the UK Parliament has yet to vote on the deal (the date for which is 11 December), approval […]
Do not be afraid to challenge clients. Doing so is vital to ensuring their secure financial futures With the use of cashflow modelling software growing, many advisers, while conservative and prudent with their own, often make the mistake of being too keen to include a client’s assumptions without really testing them. This can cause serious […]
Two pension trustees who launched legal proceedings against the advice firm formerly called Truestone Wealth Management have been granted a court date in early 2020. According to Law360 UK, two acting trustees of London-based directors’ retirement and death benefit scheme Radley Yeldar claim a mistake made by an adviser at Truestone has cost them £3.5m. Truestone […]