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Adrian Boulding: Advisers should not feel threatened by default drawdown

The work and pensions committee’s recent recommendation that drawdown providers offer a 0.75 per cent charging ‘default decumulation pathway’ by April 2019 has hit the headlines. The idea is that it will protect disengaged customers who may make poor investment and decumulation choices. Either trustees or independent governance committees would choose both a default fund […]

Compliance tip: How to drive cultural change

The FCA’s recent discussion paper, DP18/2: Transforming Culture in Financial Services, focused heavily on how to drive cultural change within an organisation. A number of the paper’s contributors highlight that focusing solely on senior management behaviour and the ‘tone from the top’ overlooks the complexity of organisational culture and the role all employees have in […]

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Ascentric boss departs as platform losses continue

Chief executive at Royal London-owned platform Ascentric Jon Taylor has stepped down after more than three years in the role. Taylor is replaced by Rob Regan who is Royal London group operations director. According to the provider, Regan has been working on Ascentric for the past 12 months and also sits as a director on […]

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The overdue rise of sustainable investing

Mike Fox, Head of Sustainable Investments at Royal London Asset Management argues that the recent rise in sustainable investing has been a long time coming and can provide both favourable returns for investors and a positive impact on society. Read full article here Past performance is not a guide to future performance. The value of […]

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