Ethical Mortgage Solutions chief executive Steve Royal says the firm is financially secure but admits to a slow period after M-Day which has led to restructuring, cost-cutting and some redundancies. Mortgage Next, which provides regulatory services to the group, says it will continue to give regulatory support to the ARs whatever Ethical’s position.
AWD is the first organisation to sign up to the CIIs new pensions simplification update programme.The new CII programme was launched in February and is designed to help advisers better understand the new pensions tax regime post A-day.AWD is committing 350 advisers and support staff to the programme.AWD managing Director Chris Isard says: “It is […]
I must respond to Wai Man Cheung’s “success story” regarding St James’s Place Partnership featured in Money Marketing, March 10.
Abbey is continuing to pay no annual bonuses on its with-profits funds in a bid to cut MVRs and boost terminal bonuses.
HSBC is raising premiums for existing critical-illness cover policyholders by up to 30 per cent.
A survey conducted by Johnson Fleming at the Pension & Benefits Show 2014 highlighted the key challenges faced within organisations post auto-enrolment. The results showed that communicating the changes and the value of them to staff, and receiving timely data from the payroll provider proved to still be the most challenging aspects of managing an auto-enrolment scheme.
- Top trends
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Royal Bank of Scotland has joined rivals like HSBC in launching an automated investment advice service for more than five million customers. The bank claims to be the first bank in the UK to launch a “fully regulated” robo-advice service, which will be under its NatWest brand. The service, live from Monday, is targeted at […]
There is nearly £8.5bn in “drifted” legacy UK equity income funds that have underperformed against the sector over the past decade, research has found. As the fund management industry awaits Mifid II next year, Morningstar has analysed the competitive UK Equity Income sector on behalf of Money Marketing and found about 10 per cent of the sector’s […]
Old Mutual Global Investors has appointed Freddie Woolfe head of responsible investment and stewardship, reporting into chief executive Richard Buxton. Woolfe joins from Newton Investment Management, where he was a responsible investment analyst primarily covering the healthcare and technology, media and telecommunications sectors. Previously he held roles at Hermes Equity Ownership Services and HSBC. Woolfe will […]