The golden age of defined benefit company pension schemes is over. The golden generations of pensioners it spawned, in the private sector at least, have gone off into the sunset with their generous pots. Towards the end of the last century, many of the largest employers in the UK used their pension schemes as the […]
The FCA has revealed that only a handful of investment managers applied for Mifid II authorisations by the 3 July deadline. Responding to a Freedom of Information Act request, the regulator said five firms submitted applications by the cut-off point while a further firm made a late submission that was accepted. The FCA pointed out […]
Platforms are wary of deadlines set by the regulator to submit information for its market study, with some looking for an extension, Money Marketing understands. It is understood some platforms have requested more time to submit information to the regulator. The first tranche of data was due to be submitted on 18 October and the […]
Technological developments threaten the traditional advice model. If you do not disrupt your business, someone else will do it for y
Welcome to the latest update for The Merchants Trust PLC from the Trust’s portfolio manager, Simon Gergel. Portfolio Review The Merchants Trust reported results this month and the directors were pleased to announce a 35th consecutive year of dividend growth (subject to shareholder approval at the AGM). The Company is proud to be highlighted as […]
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