A decision to float or sell Transact could be made in the next month as shareholders meet to vote on the future of the platform.Founding shareholders will for the first time have a vote on whether to sell the company at an extraordinary general meeting planned for early May.Options include listing parent company Integrated Financial […]
Woolwich will be cutting its Standard Variable Rate by 0.25 per cent following the Bank of England’s base rate decision today. This will see its SVR reduce from 7.39 per cent to 7.14 per cent. As well as the cut in SVR, all customers on Barclays Bank Base Rate trackers will see their rates cut […]
Targeting annuity purchase in lifestyle strategies isn’t anything new but we’ve just lifted the bonnet and injected an enhancement shot into the end-point of these solutions. The recent volatility has shot short-term volatility into equity markets and painted a very turbulent backdrop but we’re also equally faced with a stressed fixed interest environment. This can […]
Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]