Andrew Tully: Breaking the taboo on final salary pension transfers

Transferring out of a final salary pension scheme has long been seen as a taboo by many in the industry. But the issue has been thrown into much greater focus since the pension freedoms were introduced. This is partly because many schemes are offering transfer values higher than the historical average but also as a […]


Schroders on acquisition hunt for fixed income manager

Schroders’ new boss Peter Harrison says he is on the hunt to buy a fixed income manager to fill gaps in the asset manager’s product line-up. The new chief executive at Schroders, who replaced former boss Michael Dobson in March, told the Financial Times that there are areas where the asset manager is weaker. He said Schroders had […]


Ian McKenna: A new benchmark for tech providers

New services to be added to Intelliflo’s Personal Finance Portal towards the end of June will make it easier for firms to deliver automated advice that complements their traditional model. The move will be beneficial not just for Intelliflo users but all advisers that want to use technology to expand client relationships. Indeed, it establishes […]

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FCA appoints supervision chief to replace McDermott

The FCA has appointed Megan Butler to replace Tracey McDermott’s role as director of supervision for investment, wholesale and specialists. Butler comes from the Prudential Regulation Authority, where she was executive director of international banks directorate. She was understood to be a key figure in the decision for the regulator to drop its inquiry into banking culture […]


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