Former HBOS general insurance deputy chief executive Simon Stevens has joined Uinsure as managing director. The new general insurance proposition for mortgage advisers has been set up by former Bankhall joint chief executive Simon Taylor.
With climate change an on-going issue for everyone across the globe, it seemed a question of when, as opposed to if, a fund management firm would decide to launch a vehicle that revolves around the arena.
Transact is closing its share option scheme to advisers from July 31 but says the action will not apply retrospectively.The wrap says the reason for the move is primarily due to regulatory and accounting concerns.Managing director Ian Taylor says: “Mifid has been fairly clear about the process and how it needs to be reported, where […]
HSBC is warning that China could see heightened volatility for several months following market falls which started last week.The benchmark Shanghai Composite index closed 8.2 per cent lower on Monday at 3,670 over concerns the government could bring in more measures to cool the economy. This followed falls last week after the Chinese government raised […]
Pension scheme membership among employees has risen by more than five million in the past four years because of the policy of automatic enrolment into workplace pensions. But Britain’s army of 4.4 million self-employed people, who account for one in seven of the workforce, are not covered by automatic enrolment. Pension coverage among the self-employed […]
The Upper Tribunal has found that Andrew Tinney, the former chief operating officer of Barclays Wealth, breached his obligation as an approved person to act with integrity. The update published on the FCA’s website today explains the reasons for the publication of the ruling. In March 2012, Tinney received a document which contained critical findings […]
‘Scheme pays’ can take the sting out of annual allowance tax charges, but scheme members must move quickly to take advantage With more than five months to go, the self-assessment deadline feels like a lifetime away. But for clients facing an annual allowance tax charge for the 2018/19 tax year on their pension savings, the […]
The Financial Conduct Authority has announced six Q&A roundtable sessions to be hosted across the UK. The regulatory body will be going to Glasgow, Newcastle, Birmingham, London, Manchester and Newport. Each event, titled “ask the regulator”, will be 90 minutes long and will feature FCA and industry representatives. According to the FCA, the sessions are […]