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Asset managers fail to promote women despite performance

Women in the US fund management industry fail to get promoted at the same rate as their male counterparts regardless of performance, according to new academic research from the University of California. Researchers at the Graduate School of Management at Davis chose fund management to assess the role gender plays in workplace promotions because of […]

No change to FOS funding model next year

The Financial Ombudsman Service does not plan on making any changes to the way it is funded in the next financial year. The FOS published a consultation today about its proposed plans and budget for the 2018/19 financial year. The consultation says the organisation is aware it will need a funding model that accounts for […]

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Pensions regulator eyes template for DB transfer information

The Pensions Regulator is talking to schemes about providing a standardised document to advisers requesting information for defined benefit transfers, TPR’s head of policy has said. While recognising the importance of tailored advice, Fiona Frobisher told the Money Marketing in Focus conference today that it was looking to take steps to improve the clarity and speed […]

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