Prudential’s nominated policyholder advocate Peter Bloxham has lost his £4.5m age discrimination case against former employer, law firm Freshfields Bruckhaus Deringer. He had accused Freshfields of age discrimination as a result of pension scheme changes.
Distribution Technology is introducing a stand-alone risk profiling tool, Dynamic Risk Profiler, which will also work alongside wraps and platforms.DT has commercial agreements in place with Threesixty services, Lighthouse Group and Paradigm to supply the tool to their advisers.Dynamic Risk Profiler is a web-based risk profiling tool, based on research by the Psychometric Centre, which […]
The upcoming consultation paper on offshore funds, announced in the pre-budget report, aims to simplify the tax regime, provide certainty to UK investors and increase anti-avoidance, according to Deloitte.
BM Solutions has unveiled the first study comparing the buy-to-let market across the European Union.At a presentation at the European Parliament in Brussels yesterday, BM Solutions invited MEP and EP vice-president Diana Wallis to listen to the findings of its research.The study looked at the characteristics of the BTL sector in twelve countries, with an […]
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.
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Clients cannot always rely on pension providers to follow their wishes when it comes to beneficiaries on death Headlines earlier this year drew attention to a startling statistic that 750,000 people coming up to retirement are at risk of their pension being passed on to an ex-partner when they die because they have not updated […]
Transact saw funds under direction marginally increase to £29.8bn in the second quarter of 2018, according to a stock exchange announcement from parent IntegraFin Holdings. IntegraFin listed on the London Stock Exchange in March with a £650m valuation. In a Q2 update today, the company says funds under direction at the close of the three-month […]