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MPs target ‘alpha-male’ financial services culture

An “alpha-male” culture in financial services continues to put women off seeking top jobs, according to the Treasury select committee of MPs. In a new report, the MPs criticise a lack of clear criteria when awarding bonuses, to combat the perception that men will argue more forcefully so will receive higher performance-related payments. Committee chairwoman […]

British Pounds in a Mouse Trap

Fraudster given more jail time after failing to pay court order

A fraudster dubbed the “Wolf of Wimbledon” has had an extra four years placed on his jail sentence for failing to pay back more than £7.5m to victims of his scam. Australian national Jeffrey Revell-Reade was found guilty of running a so-called boiler-room scheme, where cold-calls are made by salesman from a dedicated office pitching […]

7IM sees assets jump in ‘solid’ year

Seven Investment Management saw its assets under management rise 14 per cent to £12.4bn in 2017. The firm says profits were £19.4m, up 4 per cent on the previous year. 7IM platform assets under management grew 19 per cent during 2017 to £7.7bn 7IM chief executive Tom Sheridan says 2017 was a “solid” year for […]

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Savers wary of Brexit impact on pensions

Nearly half of savers believe Brexit is bad news for their pension pot, according to Aegon research. Findings from the Aegon Retirement Confidence Survey show 42 per cent of those polled think the value of their pension fund will fall as a result of Brexit. Of the 964 people surveyed, just 5 per cent think Brexit […]

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