Scottish Widows will continue to temporarily employ Aberdeen Standard Investments for its fund management business as it launches a new range of retirement funds. The company has built a variant of its existing pension portfolio fund range and is targeting investors in drawdown. It will keep Aberdeen Standard’s expertise to manage the passive bond part […]
The Financial Services Compensation Scheme is preparing to declare IFA Active Wealth in default, after it was revealed this week the firm has entered liquidation. Midlands-based Active Wealth is one of nine firms that has stopped giving pension transfer advice in light of the British Steel pension saga. The FSCS says it will declare Active […]
In the public’s imagination, the stereotypical adviser is, lamentably, a middle-aged, middle-class white man running a traditional business. That traditional business, Joe Public would assert, probably comes with a traditional world-view when it comes to issues like immigration, sovereignty and European “bureaucracy”. The results of a Money Marketing research project canvassing adviser views on Brexit […]
Fidelity International has reversed plans to charge for research under Mifid II after feedback from clients. The £239bn asset manager revealed it planned to implement a Research Payment Account approach as part of its overhaul of fees, announced in October, when it revealed it was adopting a ‘variable management fee’ model. The RPA approach involves paying for […]
The National Association of Pension Funds (NAPF) recently published its 40th annual survey of workplace pensions. The survey looks at both defined benefit and defined contribution schemes.
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