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.
Tenet has partnered with mortgage network the Mortgage Advice Bureau on a wealth and equity release offering. MAB plans to use the financial advice network’s business development support to grow beyond its 14 wealth advisers. It is understood MAB chose Tenet as a partner because it allows firms to give equity release advice. MAB wealth […]
Planning and training are key if you want your advisers to buy your business when the time comes to stand back The past few years have seen an increase in the number of advice firm owners who, when the time comes, want to consider a sale to their employees as an option in addition to […]
The private equity owners of platform technology firm FNZ are reportedly eyeing a £2bn sale of the company. FNZ powers the Zurich, Standard Life Wrap, Elevate, Embark and Aviva platforms. Quilter is currently replatforming the Old Mutual Wealth platform from DST technology to FNZ. According to Sky News, FNZ’s two private equity backers General Atlantic […]