Do you want a wrap to define or power your client proposition? Do you even want a wrap or just an investment platform to power your own vision of the future? When setting out on the journey towards a platform-centric approach to business, we took a great deal of care to ensure that it was the latter outcome that we achieved.
Lloyds Banking Group is axing 625 jobs after the merging of its corporate and small-business lending divisions. Jobs will go from sites in Scotland, England and Wales. The group says it will create 300 positions in its new wholesale banking department and try to redeploy some staff.
The consumer prices index (CPI) in Britain rose by 2.3% in the year to April, down from 2.9% in March but still above the government’s target level of 2%, according to the Office for National Statistics (ONS) (PDF).The 60 basis point fall represents a steepening decline in CPI inflation, after the rate of inflation in […]
Flexible benefits platforms are becoming increasingly popular, with 80% of employers with more than 100 employees offering some form of flexible benefits scheme, compared with just 11% a decade ago. However, global mobility of employees is on the rise, with nearly 57 million expats predicted by 2017, which can add further complexity to your picture.
The proposed FCA directory that will include advisers’ details could see more people finding “bad advisers”, according to adviser review site VouchedFor. A LinkedIn article by VouchedFor chief executive Adam Price says this is because the regulator’s consultation paper pitching the directory suggested little around underlying adviser checks being substantively improved. In the article, Price says: […]
A pension company that invested in storage products with investors’ savings has been ordered into liquidation by the High Court. Kent-based Chartwell Trustee Pension Solutions was the sole trustee of the Pinnacle Pension Scheme. Chartwell amassed in excess of £4.8m of members’ pension funds following an apparent cold-calling telesales operation. Members were told to expect 8 […]