Standard Life’s recently appointed chief executive Keith Skeoch has opted to take a cut to this bonus ahead of the company’s AGM next week, which will see his bonus potential cut by a fifth. In a statement, Standard Life confirmed Skeoch “voluntarily decided not to accept the maximum opportunity awarded to him in 2016” under the […]
The Government’s Lifetime Isa could be knocked off course just two months after being unveiled as the industry challenges key features of the flagship product. The Association of British Insurers and firms acting independently are lobbying the Treasury to drop aspects of the Lifetime Isa, due to launch in April 2017. Money Marketing understands potential providers […]
I do not question for a minute the predictions of the EY team Money Marketing recently reported on about the future of independent versus restricted advice. EY’s Malcolm Kerr knows more about this market and its economics than anyone. But I want to agree to disagree and focus on where IFAs will not only be […]
Royal London has posted a 56 per cent increase in new business to £2.1bn in the first quarter of 2016 as gross sales through platform Ascentric dropped 9 per cent. Overall funds under management rose 4 per cent from £84.5bn at 31 December 2015 to £87.9bn at 31 March 2016. Group pensions sales increased by […]
Matt Shafer, Head of International Distribution, discusses the firm’s philosophy around Durable Portfolio Construction, particularly the importance of putting risk first, thinking about better ways to use traditional asset classes and how to position alternatives in portfolios.
Standard Life Aberdeen has defended its model as new figures show financial planners at advice arm 1825 put half of their assets on to the group’s in-house platform. SLA says it is expert at managing the conflicts of interests that come with working across the value chain, including the £1.9bn of assets from its advice […]
EQ Investors head of investment Sophie Kennedy explains how impact investing has become the USP for the company’s offering to external advisers Do you outsource investment management, keep it in-house or combine both approaches?We offer financial planning and investment management, so we are all in-house. We have managed money for internal clients but one of […]
Diversity and inclusion are a key issue for the financial services sector. Not only does getting it right positively impact the bottom line, but it affects the perception of our industry, which is vital given our need to attract talent. McKinsey’s 2018 Delivering Through Diversity report found companies in the top 25 per cent for […]