The Government is taking a colossal political risk with personal accounts and will not avoid liability if the default fund fails to perform, warn leading pension commentators.Debbie Harrison, a senior visiting fellow at the Pension Institute of Cass Business School, says nine million employees, typically low to medium-earners, will be swept into personal accounts in […]
Threadneedle Investments has recruited former Shell International head of corporate identity Judy Everett to take over the position of head of communications.Everett will be responsible for Threadneedle’s PR and communication and will replace Richard Eats who will be retiring from Threadneedle in April this year.Everett will be responsible for the effective communication of the Threadneedle […]
Brokers and packagers have been promised greater support from the Intermediary Mortgage Lenders’ Association, which has admitted that it has so far failed to represent its members adequately in the market.Former Council of Mortgage Lenders’ deputy director general Peter Williams was appointed Imla executive director last September, and he promises that the trade body will […]
Jelf Employee Benefits discusses the legislative changes in Dubai, available medical facilities and policy considerations for employers with expatriate workforces in the country. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Dubai, or are considering operating there in the near future.
Robo-adviser Candid Financial Advice has exceeded £100m in client funds under advice five years after its launch. Candid director Justin Modray says he is now looking to improve the firm’s scalability and accelerate growth since starting out in 2013. The firm is targeting an additional £100m in the next two and a half years. Modray […]
SimplyBiz Group has announced two new hires in a bid to strengthen its compliance support team. Paul Bruns, who will work as director of field compliance, joins from Sesame Bankhall Group, where he worked for 14 years – most recently as compliance operations and oversight manager. Among his new duties he will take charge of […]
Financial Services Compensation Scheme (FSCS) compensated thousands of former Beaufort clients five months after the discretionary fund manager’s collapse in the most recent round of repayments. Last weekend, 12,000 of Beaufort’s ex-clients were moved to a new broker company The Share Centre. First tranche of cash and assets was returned to clients in this round. […]