The provocative comments from Bank of England chief economist Andy Haldane that property trumps pensions when it comes to retirement planning have reignited an age-old debate. The comments come off the back of worrying research from Citizens Advice that suggests large numbers of consumers are eschewing pensions in favour of bank accounts, and after Money Marketing […]
International Financial Data Services has its roots in mutual fund administration and is jointly owned by State Street and DST Systems. The technology company, headquartered in Essex, has a 20-year pedigree in fund administration in the UK managing some £600bn in mutual fund assets. In the UK platform space, IFDS currently provides technology to Cofunds […]
Hargreaves Lansdown has posted a 10 per cent increase in pre-tax profit from £199m to £218.9m despite a £5.5m bill for the Financial Services Compensation Scheme. The firm has published its annual results alongside an announcement that its chief executive Ian Gorham is to step down and be replaced by group chief financial officer Chris […]
The old adage that protection is sold and not bought has proven to be quite divisive during a number of recent online and offline discussions. Some people think it harks back to the dark old days of the insurance salesperson – the tied agent flogging expensive policies to a blindly loyal customer base – and […]
Research by insurer LV= suggests that some 11 million employees in the UK have no company-paid sick leave entitlement. So if an employee from within the above grouping cannot work through illness or injury for any period of time, their only income would likely be that provided by state benefits alone.
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