Delivering his Budget speech today, Alistair Darling said the new adjudicator will examine lending decisions and will have the legal power to enforce judgements where it feels credit has been wrongly denied.
With auto-enrolment (AE) well under way for the UK’s largest businesses, over the next three years an additional 800,000 smaller employers (with less than 60 employees) will start their journey to comply with the legislation. AE mandates all eligible employees and their respective employers to make regular pension contributions into a qualifying pension scheme. To learn more about the legislation read our brief Jelf AEase — simple steps to AE compliance guide.
Modern life is complex. One tricky area that touches almost everyone in this country is the tax regime. If you are not subject to that, you are most likely involved in the just-as-difficult and fragmented world of benefits, social care and healthcare. Increasingly, however, many people are having to navigate all these areas at once, […]
Schroders has hired former Tilney chief executive Peter Hall as global head of wealth management, subject to regulatory approval. Hall will replace Andrew Ross who is stepping down to move to take on the role of Schroders wealth management vice chairman. Hall’s position will be effective from 2 January 2019 and he reports to group […]
Standard Life Aberdeen shareholders have approved the sale of the company’s UK and European insurance arm to Phoenix at it general meeting today. Shareholders also approved a plan to return £1bn to shareholders through a “B share scheme” and £750m through a share buyback programme. Standard Life announced in February it was selling its insurance arm […]