Clive Cowdery’s Resolution has reportedly approached Prudential about a potential deal to buy its UK insurance business.
Intelligent Pensions has slammed the Government as well as the trustees of the RBS pension scheme for allowing Sir Fred Goodwin to walk away with a £16m pension pot despite his “abject failure”.
The FSA has floated the idea of introducing a form of product regulation into the market as a way of banning products that are deemed too risky.
The ABI is to extend its open market option annuity transfer initiative to switching between personal pensions, Sipps and income drawdown in an attempt to speed up transfer times in these areas.
Trevor Greetham, Head of Multi Asset In a marked contrast to the surge in risk sentiment that followed President Trump’s election in November, markets greeted Emmanuel Macron’s victory in the French presidential election with satisfaction and relief, rather than euphoria. After rallying strongly on opinion polls that accurately predicted the outcome, the euro held onto […]
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Three advice firms have stopped giving pension transfer advice following work by the FCA over the future of the British Steel Pension Scheme. A statement this afternoon details the FCA’s “information gathering exercise” to identify the firms that have been most active in advising people to transfer out of the scheme. The regulator got information from […]
The FCA has launched a consultation on its approach to authorisation and competition, which will be open to responses until March next year. Following the launch of the FCA’s mission in April, the approach documents are the second and third in a series of papers explaining how the watchdog tackles regulation. The first document, the […]