Bright Grey commun-ications manager Mark Locke is leaving to join Aegon’s PR team on August 10. Locke will continue to look after protection as well as employee benefits at Aegon.
Yields on investment in residential property have fallen consistently over the past five years – leading to claims that the sector is no longer attractive and announcements from some quarters that the buy-to-let market will collapse.
Friends Provident is introducing a lifetime nil-rate band trust with the intention of reducing clients’ inheritance tax liabilities by up to 110,000. The trust will initially be available only to married couples. However, it will be opening up to registered same-sex civil partners from December 5, 2005. Friends Provident says the trust will allow clients […]
There are some slick PR machines out there but Finsbury is certainly not one of them. Ringing an MM hack, the wannabe Max Clifford fell silent after the initial greeting then, after a lengthy pause, confessed she would have to ring back when she could remember who her client was. Clearly working on a blue-chip […]
The group insurance division of Canada Life launches its employee assistance programme service.The package, provided by ICAS, will be offered to existing clients as an extension of the group income protection scheme as well as new business clients.The EAP package offers a confidential and unlimited personal support service staffed by qualified counsellors, up to six […]
It has taken a little longer than expected, but finally the jaws of regulation are closing on those employers who have failed to meet their auto-enrolment (AE) legal duties.
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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 […]