Judges saw a diverse range of campaigns, but decided Beard Insurance should win the Best Use of Social Media category based on its fun, tongue in cheek concept. It was felt that SunLife used humour effectively to pitch to a specific demographic which would have typically been unlikely to engage in buying insurance products.
Six pension providers have signed up to a voluntary framework of professional standards launched by the Chartered Insurance Institute to boost public confidence after the introduction of pension freedoms. Aviva, Standard Life, Scottish Widows, LV, NFU Mutual and Old Mutual Wealth have all committed to the framework, called the 2016 Commitment. Phoenix Group, Reassure and HCL […]
A senior civil servant in the Treasury is set to swap Whitehall for the City to take on the role of chairman of Legal & General. Treasury acting permanent secretary John Kingman is reported to be the frontrunner for the role, The Times reports. The three-day-a-week role pays a salary of £340,000. An application is […]
Financial Services Compensation Scheme chief executive Mark Neale has hit out at advisers’ professional indemnity insurance as being unfit for purpose and called on PI insurers to reveal how they decide what premiums to charge. Speaking at our flagship Money Marketing Interactive adviser conference in London last week, Neale criticised the way the current PI […]
Royal London Asset Management UK Equity Fund Managers Martin Cholwill and Richard Marwood look at the compounding effect of dividend growth for UK equities and how it drives returns over time. Read the article in full The value of investments and the income from them is not guaranteed and may go down as well as […]
At the end of July, the Pensions Regulator issued its quarterly update on auto-enrolment (AE) compliance by employers in the UK. The full report can be seen under the quarterly bulletins section here.
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]