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Pru to cull pensions jobs in offshore move

Prudential is moving 81 individual annuities jobs out of Reading, including offshoring some roles to Mumbai, India. A minority of roles will be moved to Craigforth in Scotland. The individual annuities division handles servicing and bereavement. It is understood the offshoring could start in October. Unite the Union has started a 45-day consultation with Prudential. […]

Small Adviser of the Year: Investment Quorum

This was always going to be a hard fought category, and this year was no exception with a record number of entries and eight firms making the final shortlist. In the end it was a battle between Investment Quorum and Capital Asset Management, with Investment Quorum crowned the winner. The judges commended both firms as […]

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Closing the income protection gap with help from Uncle Sam

Increasing the take up of income protection is a tough nut to crack, not only in the UK but also around the world. Last year, research conducted by the Centre for Economic and Social Inclusion for the Association of British Insurers found that increasing IP coverage from its current level of 11 per cent of […]

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FCA’s Tracey McDermott named in Queen’s honours list

FCA acting chief executive Tracey McDermott has been named in the Queen’s honours list. McDermott has received a CBE in the honours list for the Queen’s 90th birthday celebrations, for services to financial services consumers and markets. She is joined by Phillip Monks, the chief executive of challenger Aldermore, who received an OBE in the list. David John […]

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