F&C Asset Management is to demerge from Friends Provident on July 3 if Friends Provident shareholders approve the split in a vote on June 12. The demerger is also subject to F&Cs shareholders approving changes to its articles.
Canada Life will join Legal & General, Aviva and Prudential in offering postcode annuities by the fourth quarter.Canada Life and Aegon are the only major annuity providers not to price their annuities based on customers’ postcodes.Experts claim that given L&G, Aviva and Prudential control more than 40 per cent of the annuity market, Canada Life […]
As the title of this paper suggests, credit migration is probably worse than you think, but then not as bad as you fear. So how concerned should investors be about this phenomenon? Where should their focus lie? Natixis’ affiliate, Loomis Sayles & Company’s Director of Credit Research and Credit Strategist, Chris Gootkind, addresses this and […]
Almary Green, the advice firm led by industry veteran Carl Lamb, is in sale talks with Smith and Pinching Financial Services, Money Marketing understands. One source tells Money Marketing Almary Green staff have visited the Smith and Pinching offices, and that there have been discussions around a merged firm being floated on AIM. The Norwich-based […]
A weekly account of the curious goings-on in the world of financial services Locked out While WSJ correspondents were kept very busy at Money Marketing Interactive in Harrogate last week, there was still plenty of time spent in the bar with industry friends. So came about the story of Aegon director of new business, Martin […]
The FCA is analysing information from 40 firms about their adviser recruitment processes and what quality checks are in place on the advice they give. Earlier this year, Money Marketing revealed that the FCA sent letters to a sample of firms asking about training, competence and hiring records for staff. A Freedom of Information Act request […]