Former Bradford & Bingley chief executive Steven Crawshaw elected to receive a pension lump sum of £412,500 and a reduced pension of £105,318 a year. B&B has revealed mortgage write-offs of over £500m in its annual results.
In markets such as today, funds of funds managers are leaning on experienced managers as the best able to produce returns, with older names accounting for well over half of their portfolios these days.
Financial advisers around the world face a new frontier of challenges, including increased fee pressures, tightening regulations, growing competition from automated advice platforms and continued market volatility. In order to better position themselves for business growth, advisers will need to assume three key roles. Click to download full article
Its Dear CEO letter to providers shows the regulator expects future fallout within the industry In comparison to the timescale of the pending judgment in Adams vs Carey Pensions, the Court of Appeal judgment in Berkeley Burke vs Financial Ombudsman Service went through at breakneck speed. Although on face value the two cases cover similar […]
More than half of retirees have not decreased their rate of drawdown as a result of global market volatility, Aegon research shows. FCA data showed in September 2018 that those taking regular sums from drawdown (or uncrystallised funds pension lump sum) policies have increased their rate of withdrawal from 4.7 per cent in 2016-17 to […]
The Advertising Standards Authority has upheld complaints against a brace of property management services, in both cases for advertising guaranteed rental income. In the first case, the website for Victoria Knight boasted that a fixed monthly rental income was assured, which was challenged as being misleading because it “suggested rent would be guaranteed in all […]