The Pensions Calculator used by consumers to calculate how much to save to meet expected income demand in retirement, has been down for two months and neither the FSA or ABI can say when it will be running again.
Friends Provident is expected to make numerous redundancies in the wake of its announcement to combine its Manchester head office with its Spring Gardens office.
US president-elect Barack Obama is reported to be planning a crack down on international tax havens including Jersey, Guernsey and the Isle of Man when he assumes office in January.
In the 12 months following the introduction of Mifid the FSA has issued 4,114 pages of regulation information to firms, much of which is “unjustifiable”, according to Apcims.
By Mark Martin, Head of UK Equities at Neptune Amid the market volatility in the lead-up to the Brexit referendum, there are buying opportunities for the prudent investor, explains Mark Martin. Click here for full article Important Information: Investment risks This fund may have a high volatility rating and past performance is not a guide […]
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]