Premier Asset Management has recorded pre-tax profits of £1.1m and earnings per share of 1.31p for the year ended September 30.Its funds under management increased to £296m from £250m in 1997.It says that it has successfully launched its Premier Protected Assets Fund.
NPI says it is one of only four major IFA providers to have already complied with PIA guidelines on pension fund withdrawals.It says its drawdown illustration system has been amended to show both critical yield type A and type B on a client specific basis as stated in the PIA guidance notes.Drawdown Product Manager Jim […]
PPP lifetime care director Peter Gatenby is quitting the company because he says there is no longer a job there for him.Gatenby says there was no actuarial role left for him following Guardian Royal Exchange's divisional restructuring on November 12 of this year.He says: "The only role that I would have considered taking was managing […]
The IFA Association has written to all 2,800 member firms to explain its position on phase two of the pension review.The IFAA says it supports speedy redress for clients financially harmed through wrongful adviceBut it wants to create a filter to differentiate between clients advised to take a non-viable transfer and those "who made a […]
Johnson Fleming has launched its new managed auto-enrolment service, designed to support SME businesses of up to 250 employees. The managed auto-enrolment service is not just about providing businesses with a software system for them to manage themselves, but more about outsourcing the administration of the project and scheme to Johnson Fleming’s auto-enrolment staff.
The Pensions Regulator has suspended a scheme trustee after detectives from an elite crime unit launched a fraud investigation over allegations about his role in a scam. Gordon Craig is the subject of an investigation by Titan, the North West regional organised crime unit, in connection with his role as a trustee of Optimum Retirement […]
The FCA will review information on its website about part of its authorisation process the Complaints Commissioner says is causing confusion. The information that will be reviewed relates to “minded to refuse” letters, which are sent to firms or individuals outlining the reasons why the regulator is considering refusing their application for authorisation. In the Complaints […]