The UK’s rate of inflation slowed to 2.8 per cent in April from 3.1 per cent in March after energy bills were cut, according to the latest figures from the Office of National Statistics.
The FSA is to warn that many advisers are failing to treat their with-profits clients fairly by not offering them the ongoing advice they expect to receive.
LV= has appointed Chris Hopkinson as head of national accounts for the intermediary division.Hopkinson will be responsible for communicating the strength of the society’s life and protection propositions and innovations to key financial advice firms, as well as its investment performance and financial strength.He held senior positions with Legal & General and MetLife prior to […]
Almost half of IFAs in the UK hold the advanced financial planning certificate, according to Money Marketing research.
A Eurovision of corporate dynamism, strong profits’ growth, M&A opportunities and attractive valuations.
The world’s strongest currency in November was not the US dollar, despite the greenback rallying 3.5% against the euro, 8.7% against the Japanese yen and over 8.6% versus the Mexican peso and the Turkish lira up to yesterday’s close. The strongest currency last month was sterling, which had strengthened 2.2% versus even the mighty US […]
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The chair of an FCA working group has apologised to the regulator and the Investment Association for criticising asset managers in a high-profile interview. In an interview with The Times, transparency campaigner Chris Sier, who is chairing the regulator’s disclosure working group, called the investment industry “arrogant and complacent” on fees and referenced the quality […]
Old Mutual Wealth has appointed Jeremy Mugridge as proposition marketing head for its platform. Mugridge previously worked in marketing at Old Mutual Wealth but now joins the business from Aegon where he was working on consultancy projects. In his new role he replaces Tom Hawkins who will lead Old Mutual Wealth’s team of office-based consultants. […]
The Financial Ombudsman Service does not plan on making any changes to the way it is funded in the next financial year. The FOS published a consultation today about its proposed plans and budget for the 2018/19 financial year. The consultation says the organisation is aware it will need a funding model that accounts for […]