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.
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The Financial Services Compensation Scheme has declared self-invested personal pension operators Stadia Trustees, Brooklands Trustees and Montpelier Pension Administration Services in default. The lifeboat fund has received around 150 claims for compensation relating to the three businesses. Those claims relate to how the businesses set up, operated and administered Sipps through which people invested in […]
The Department for Work and Pensions has confirmed it will not change the pensions triple lock and will explore bolstering the powers of The Pensions Regulator in the forthcoming legislative period. The DWP published its “single departmental plan” yesterday, which sets out five objectives it is working towards over the next four years. It has […]
Sam Seaton talks about how her interest in people affects her approach to technology