Standard Life group chief executive Sir Sandy Crombie is joining the board of Royal Bank of Scotland as senior independent director on June 1. Crombie will also keep his position at Standard until a successor is appointed.
Group Sipps may have lost their sheen to companies’ top earners since the Budget, but that is not enough to stop their continued growth. In an era when boardroom pay is under scrutiny like never before, it must surely be harder for decision-makers to let their own vested interests override those of the company they run.
Mutual LV= says the fall in defined benefit to defined contribution transfers has reduced the sales of its pensions business in annual results published today. The results for the year to 31 December 2018 notes tough conditions in a highly competitive market reduced sales and margins. They show new sales reduced for the life […]
What an incredible year it has been for the advice profession. Despite persistent fears negative headlines are holding advisers back, there is hope on the horizon that the government really is sitting up and taking notice of the role financial planning can play. The dial has finally moved on the cold-calling ban, the introduction of […]
Aberdeen Standard Investments has been appointed as investment adviser for £3.6bn of assets across a range of portfolios for Virgin Money, marking the next step towards the pair’s joint venture. The latest stage of the plans has seen ASI appointed investment adviser for five funds: the Virgin UK Index Tracking Trust; the Virgin Bond, Gilt and […]