The average divorcing couple has assets worth over £230,000, according to research from Money Expert.com. It says140,000 couples could get divorced during 2007 with £32.2 bn of assets to divide.
Firms predict that profitability will rise, fuelling demand for new staff.
Asda has confirmed it will be selling life and protection insurance through Lifesearch in what is thought to be the first partnership between an advisory firm and a supermarket.Money Marketing revealed last month that Lifesearch was close to winning the Asda deal and it has been confirmed today that the supermarket giant will be selling […]
Standard Life has entered into a single-tie deal with Summit Financial Services, which specialises in arranging life cover, critical-illness and income protection cover for climbers, mount-aineers and hillwalkers.
Resolve this year to boost your business in 10 simple steps.
So are the new Pension Freedoms being used? The answer to this appears to be a very clear ‘yes’. Figures from the Financial Conduct Authority (FCA) this week provides firm evidence of such usage.
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]