The financial services industry will be asked to contribute £28.3m towards the Financial Services Compensation Scheme levy for 2008/09, down by £2.4m from original estimates.
Four professional bodies, including the Chartered Insurance Institute and the Institute of Financial Planning, have signed a joint declaration of principles setting out how they will supervise advisers in the future.
The European Commission looks set to agree that employees can be auto-enrolled into group personal pensions when personal accounts are introduced in 2012. Money Marketing understands that the EC has already informally agreed that this can go ahead but that written confirmation is yet to be received by the Department for Work and Pensions. When […]
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Neptune Investment Management has appointed former Barclays UK managing director Richard Green to the role of corporate development director. Green will join the Neptune board as an executive director and have significant involvement in the day-to-day running of the business.Green was instrumental in setting up Barclays Private Bank and will continue as a member of […]
As the Royal London Global Multi Asset Portfolios or GMAPs approach their one-year anniversary, Head of Multi Asset Trevor Greetham looks back at performance over the past year and offers his investment outlook for the coming months. Click here
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The Financial Services Compensation Scheme has declared self-invested personal pension operators Stadia Trustees, Brooklands Trustees and Montpelier Pension Administration Services in default. The lifeboat fund has received around 150 claims for compensation relating to the three businesses. Those claims relate to how the businesses set up, operated and administered Sipps through which people invested in […]
The Department for Work and Pensions has confirmed it will not change the pensions triple lock and will explore bolstering the powers of The Pensions Regulator in the forthcoming legislative period. The DWP published its “single departmental plan” yesterday, which sets out five objectives it is working towards over the next four years. It has […]
Sam Seaton talks about how her interest in people affects her approach to technology