MoneyMarketing.co.uk straw poll result: Is Andrew Fisher the right man to lead the Personal Finance Society’s Leaders Summit Group? No: 71 per cent. Yes: 29 per cent.
Threadneedle has signed an agreement with Invesco Perpetual to acquire its full service defined contribution pension business with total assets of £470m. Threadneedle first launched its DC product in 2001 and manages pension funds for over 100 clients with total assets of around £1.3 billion. Threadneedle says it intends to grow its DC business and […]
The letter in Money Marketing, headlined, Keep your nerve over claims, was an inaccurate account of the Financial Services Compensation Scheme’s powers and practices.
Scottish Widows has apologised to 7,000 personal pension customers after mistakenly sending out letters telling them that their monthly contributions would be increasing.In one case, an adviser says his client got a letter saying his monthly pension contribution would be doubling from £150 to £300, although neither the client not the adviser had requested this.Widows […]
Trade and investment minister Digby Jones has attacked plans to crackdown on non-domicile foreigners living in the UK claiming they will deter people from investing in Britain.
The head of Artemis’ US team explains why he is holding cyclical stocks (like semi-conductors) while also investing in growth (videogame producers, Amazon).
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Support service provider SimplyBiz has signed a third new deal for defined benefit transfer advice work after its original partner pulled out of the marketplace. In an email to members seen by Money Marketing, compliance director Gary Kershaw apologises for any inconvenience caused by Crowborough-based advice firm CFPML’s decision to exit the DB transfer marketplace. […]
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The Budget will lay out Government plans to help build 300,000 new homes a year, according to Chancellor Philip Hammond. The plans will include fasttracking developments with planning permission. Hammond said the Government would use “powers of state” to get homes built on these sites, according to the BBC. The Government will also unveil plans to […]