Cavendish Asset Management senior fund manager Paul Mumford is warning that a salary restriction on bonuses at Lloyds TSB and RBS could lead to an exodus of staff.
HSBC is to cut 1,800 jobs in the UK, with the biggest cuts in its credit card and collection operation.
PSigma income manager Bill Mott has warned that the UK market rally is set to end after going “too far, too quickly”.
Openwork believes the FSA’s “restricted advice” label could put people off seeking financial advice. After consultation with members, Openwork’s RDR response says the restricted label has negative connotations and may distort the advice market which could put the FSA’s objectives on access fundamentally at risk. It says: “The key to consumers being clear about the […]
Barclays Wealth – UK Super Tracker November 2009
With European markets picking up in early 2015, Mark Page, Artemis European Opportunities Fund manager, discusses the ‘macro’ drivers and whether the improvements are sustainable. Largely driven by economic stimulus by the European Central Bank, European stockmarkets have performed strongly so far in 2015. Mark discusses the relative merits and sustainability of ECB policy with […]
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A well-written, well-executed strategic plan is key to enhancing the value of an advice firm
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 […]
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 […]