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SJP reveals 47 per cent gender pay gap

St James’s Place has revealed that its male employees are paid 47.2 per cent more than its female staff – one of the largest gender pay gaps reported by a firm operating in the investment sector. The wealth manager also revealed that women received bonuses 80 per cent lower than men on average. In SJP’s report it […]

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Gina Miller attacks FCA over failure to tackle Mifid II breaches

SCM Direct founding partner Gina Miller has criticised the FCA for failing to tackle firms breaching Mifid II rules in its final asset management study report. The FCA published its final policy changes on Thursday, introducing new rules forcing fund managers to ensure their products provide value for the end investor. Miller criticises the regulator’s failure to respond to […]

How to get more women saving for retirement

Will the upcoming increase to minimum auto-enrolment contributions help women’s financial independence at retirement? The problem of women saving less for their retirement than men is something the financial services industry is acutely aware of. But, as the multitude of reports it produces on the subject each year indicate, there is no simple solution. In […]

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Pru downplays impact of D2C plans on adviser relationships

Prudential has denied a proposed direct-to-consumer PruFunds proposition would damage the relationships it has with advisers. M&G Prudential chief executive John Foley says offering the PruFund range direct to customers would open up new channels for the business. Pru said it would be establishing a direct-to-consumer platform as part of the £250m investment into customer […]

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