Katie Marriner

Katie Marriner is Money Marketing’s platforms reporter. She joined the title from Insurance Post and has previously worked as a health journalist. Katie can be contacted at katie.marriner@centaurmedia.com or on 0207 943 8030.

Group of business people holding a jigsaw puzzle pieces. Business solution integration concept. Multi ethnic group. Close up of hands

Pensions watchdogs to share information

The Pensions Ombudsman and The Pensions Regulator have agreed to share information to increase their understanding of issues in the sector. The agreement follows the FCA and TPR announcing in February they will work together on a strategy to tackle risks in the pensions sector over the next five to 10 years. The agreement announced […]

Business-People-Silhouette-Leaving-Walking-700x450.jpg

ATS staff departures continue as platform commits to improved adviser experience

Platform Alliance Trust Savings continues to be affected by staff departures as three senior executives are understood to have left the business. Money Marketing understands commercial director Ed Carey and customer services director Gordon Murray have recently resigned from their posts. According to LinkedIn, Carey joined ATS in 2016 as sales director before taking on the commercial […]

Scotland-Flag-Scottish-700x450.jpg

Brewin Dolphin swoops for clients of Dundee adviser

Wealth manager Brewin Dolphin has acquired the financial planning and investment assets of Dundee firm Clark Thomson Mortgage Finders. Brewin Dolphin gets 150 clients through the deal. David Hogg, one of the directors of Clark Thomson is set to retire after 35 years in the industry. No staff will move to Brewin Dolphin as part […]

1

£21bn transferred out of DB pensions in 2017

The amount of money transferred out of defined benefit pensions in 2017 more than doubled to £20.8bn. According to a Freedom of Information Act request filed to the FCA by the Financial Times, in 2016 £7.9bn was transferred out of DB schemes. According to the FOI, around £5.5bn was transferred out in the fourth quarter […]

FCA warns of fraudulent Axa IM clone

Axa Investment Managers is the latest firm to be cloned by scammers, the FCA has warned. The clone firm has been operating under the name Axa IM with a Northampton address. The FCA warning page says a person called Alan Winks is associated with the clone firm and three email addresses have been set up. […]

AFH Alan Hudson 700

Consolidator snaps up law firm’s advice arm

Consolidator AFH has bought the assets of Meritor, the financial advisory business of law firm Freeths. AFH will pay a maximum of £530,000 for the business, dependent on its performance. AFH expects the business to add around £330,000 of annual revenue. AFH chief executive Alan Hudson says: “This latest acquisition will continue the expansion of […]

M&G latest firm to move fund assets out of UK

M&G Investments is proposing to transfer non-Sterling share classes of 21 of its UK-domiciled Oeic funds to Luxembourg, ahead of Brexit. The funds will move to equivalent Sicav funds in its Luxembourg range. M&G says such a move would protect the interests of its customers outside the UK as Brexit negotiations continue. Subject to regulator […]

AJ Bell profit leaps 24% as it prepares for float

AJ Bell has reported a 24 per cent increase in profit before tax and a 5 per cent rise in assets under administration for the six months ended 31 March 2018. The platform business recorded AUA of £41.8bn (30 September 2017: £39.8bn) and profit before tax of £13.9m compared to £11.2m in the first half […]