Tom Caddick is to become Santander Asset Management head of multi-manager, taking over from Keith Speck. Toby Vaughan will join the multi-manager team as a fund manager. Caddick and Vaughan join from LV= Asset Management.
Pensioners and benefit claimants will be unfairly harmed by Government moves to link annual rises to a lower measure of inflation, according to reports. The Government announced in the Budget that it will switch its inflation benchmark from the retail price index to the consumer price index for public sector pensions in April 2011. It […]
Pension providers are braced for a lengthy battle with European officials after EU advocate-general Juliane Kokott said that insurance companies should not charge different rates for men and women. Currently, insurance companies, including annuity providers, are legally entitled to charge different prices for products, provided they are based on analysis of the risks associated with […]
Offshore funds have been largely ignored over the years, with UK investors having a preference for those based domestically. However, is that simply because onshore funds are better marketed and thus better known to advisers? Or is it because offshore funds have an unfair stigma attached to them and their lack of presence on UK […]
Personal Touch Financial Services is moving from a regional AR model to an employed model in anticipation of the RDR and Mortgage Market Review, as revealed in this week’s Money Marketing. The network, which has around 1,000 firms, is to replace its current outsourced model of 16 regional hubs, which mostly operate as ARs, with […]
Jelf Employee Benefits has launched Jelf AEase, an enhanced auto-enrolment (AE) service aimed at companies with fewer than 50 employees that are due to stage from August 2015.
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When Selectapension stopped executing defined benefit pension transfer advice last year, eyes quickly turned to its key partner firm: CFPML. A previously unknown entity, the FCA reviewed CFPML as part of its work, and a little big of digging from Money Marketing uncovered it was actually a two-man band advice firm just down the road from […]
The end of the “boom” in pension transfers could be in sight, consultancy the Lang Cat predicts. The Lang Cat has published its latest platform market scorecard, which found pension gross inflows to platforms dropped 16 per cent in the first quarter of 2018 when compared to the fourth quarter of 2017. This was compared to […]