HSBC is to cut 1,800 jobs in the UK, with the biggest cuts in its credit card and collection operation.
The Government has confirmed that Lloyds Banking Group and RBS will be broken up and parts sold on to new players in the market.
Macquarie Wrap has enhanced its client reporting functionality to enable advisers to measure the performance of assets previously held elsewhere.
Thanks to the Internet, IFAs can now spread the word about their propositions far and wide. Where once advisers wholly relied on word of mouth and maybe the local press, now they are able to reach potential clients from all corners of the country.
Scottish Widows Investment Partnership has announced the appointment of Andrew Tunks as the interim director of fixed income.
Well, it’s been lovely to see a little bit of sunshine, even if it was only a brief appearance. I live in Scotland so, believe me, it was very brief. Of course, with even the tiniest hint of spring, thoughts turn to the inevitable clearout that must take place. And that got me to thinking […]
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The Pensions Ombudsman and The Pensions Regulator have agreed to share information to increase their understanding of issues in the sector. The agreement follows the FCA and TPR announcing in February they will work together on a strategy to tackle risks in the pensions sector over the next five to 10 years. The agreement announced […]
Platform Alliance Trust Savings continues to be affected by staff departures as three senior executives are understood to have left the business. Money Marketing understands commercial director Ed Carey and customer services director Gordon Murray have recently resigned from their posts. According to LinkedIn, Carey joined ATS in 2016 as sales director before taking on the commercial […]