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One in three advisers carry out insistent client transfers

Nearly one in three (29 per cent) advisers will advise and transact defined benefit to defined contribution transfers for insistent clients, FCA data has revealed. In addition, nearly half (47 per cent) will advise and transact safeguarded benefits work even against their recommendation. An FCA survey of around 200 advisers conducted to inform the financial […]


Who are the City’s most active rebel investors?

Five large fund management groups are among those challenging boardroom pay as the battle between blue-chip companies and their investors heats up. Research compiled by data analysis firm Proxy Insight for The Telegraph, shows “rebel investor” Fidelity Worldwide is the most aggressive on pay and has voted against 32.9 per cent of policies, followed by Aviva […]


Barclays in sale talks on French banking and wealth arm

Barclays is in exclusive talks with private equity firm AnaCap Financial Partners over a deal to sell its French retail banking operations. The French arm includes a network of 74 branches, a life insurance business, and wealth and investment management operations. AnaCap holds stakes in challenger bank Aldermore, as well as banks in Belgium, Malta, […]


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