Insight has addedPaul Dagger, John Humphries and Gareth McMaster to its intermediary sales team.
Liverpool-based Midas Capital Partners is raising 20- 35m in C shares for the Midas income & growth trust, the investment trust mandate it took over from Aberdeen last August.
Old Mutual has declared its offer for Skandia as wholly unconditional remaining open until February 9, with final settlement expected by February 17 2006.72.3 per cent of Skandia’s shareholders have now accepted the offer, with the firm announcing an extraodinary general meeting for February 21, to elect a new board. Skandia’s UK arm says it […]
Leeds and Mercantile building societies are set to merge to create a company with 7bn of assets under management. The new venture will use the Leeds Building Society brand and the aim is to complete the deal by August 1. The societies have combined assets of 7bn, with 6.7bn from Leeds, 69 branches and 1,000 […]
Prime 100% 3 Year Fixed Fee Assist
By James Dowey, chief economist & CIO at Neptune WHATEVER HAPPENED TO THE GOOD OLD DAYS OF CHUGGING ALONG AT 3 PER CENT A YEAR? That was the average rate of real economic growth in the advanced world from the end of the Second World War until the late 2000s. Despite all of the recessions and social changes […]
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Independent governance committees at big-name pension providers are failing to safeguard the interests of savers and the FCA must take action, fresh research finds. In 2015, the FCA required contract-based pension providers to appoint IGCs to act as champions of savers’ interests. IGCs are required to publish annual reports to increase transparency and encourage comparison […]
The FCA is reviewing the content of its pension transfer specialist examination standard in light of recent issues with pension transfer advice, Money Marketing understands. The regulator does not offer qualifications but it does have a role in setting standards for exams and publishes “appropriate examination standards” guidance. Money Marketing understands a working group, mostly […]
Building on auto-enrolment’s success and fine tuning the pensions dashboard are high on the list As I write my first Money Marketing column of the year, it has given me an opportunity to look back on what the Government has done to transform pensions and savings for people since 2010. Five years on from the […]