HSBC is concerned that employers may choose to “dumb down” their pension provision to the level of the Government’s proposed national personal accounts scheme rather than continue with more generous company pensions unless they are given incentives to stick with existing schemes.
Burns-Anderson has posted a 500 per cent increase in profits but says take-up of its new multi-tie proposition has been negligible. The Bristolnetwork says it made a profit of 325,714 in 2005, up from 52,854 the previous year. Chief executive Mike Hughes says the company will now begin to concentrate on developing its wrap proposition […]
The design of any Pensions Commission needs careful thought, warns PPI
Poor Axa Framlington. Imagine the horror of its PR agency Polhilll when it had to phone up every journalist that had been invited to its World Cup party at the winter wonderland that is Ice Space that is was cancelled. The event promised to be an affair to remember – a combination of ice sculpture, […]
Cofunds’ chief executive believes the key to success in the turbulent investment platform market over the next decade will be to offer the ability to aggregate products.
Loomis Sayles Senior Equity Strategist, Richard Skaggs, discusses what the key takeaways were for global markets during Q2 2016 and also talks about what may lie ahead for the second half of 2016. Click here for full article: Loomis Whitepaper
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]