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Old Mutual Wealth scraps Skandia brand

The Skandia platform and all UK operations have rebranded to Old Mutual Wealth with effect from today Skandia, which launched in the UK in 1979, was acquired by Old Mutual in 2006. Old Mutual Wealth includes the 3000-strong adviser network Intrinsic, which was acquired in February, the platform business, and its asset management arm Old […]

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Ombudsman backs L&G and Scottish Widows in pension scam complaint

The Pensions Ombudsman has thrown out two complaints made against providers who allowed a member to transfer to a suspected liberation scheme. Joseph Winning filed complaints against Legal & General and Scottish Widows after the firms completed his request to transfer around £50,000 to the Capita Oak Pension Scheme. Winning says the providers failed to […]

Jesse Norman TSC

Wells Street Journal: Conservative MP in jammy dodger bribery scandal

Treasury select committee member Jesse Norman is under investigation by police over suggestions he attempted to bribe voters in his constituency of Hereford and South Herefordshire with jammy dodgers. West Mercia Police have confirmed that Norman, who won the seat for the Conservatives in 2010, is under scrutiny after photos emerged of the parliamentary candidate […]

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