Metro Bank’s chairman Vernon Hill has been re-elected despite opposition from activist shareholders such as Royal London. Hill has received criticism from a number of major shareholders over payments to his wife’s company Interarch totalling £21m since Metro Bank’s inception in 2010. The board at Commerce Bank previously ousted Hill from his former role at […]
The rules of the RDR were made too tight for many firms to remain independent, especially larger ones. If I were responsible for an advice business with, say, 500 advisers, I would only want to use one platform – likely my own. Our proposition would dictate what products we advise on. The majority of clients […]
Investing a legacy on behalf of a child can be problematic because minors are too young to legally contract. Helen O’Hagan discusses the options. Neil’s daughter, Erin, who is four years old, has been left a legacy of £30,000 from granny Margaret who recently passed away. Erin has her own bank account where Neil puts […]
The digital revolution has brought unprecedented opportunity to communicate but financial services seem more remote than ever to the UK public. Years ago, there was a strong correlation in the minds of the UK general public between financial matters and bicycle clips. In the days when milkmen delivered dairy products daily to the doorsteps of […]
With 23 auto-enrolment compliance notices issued by the Pensions Regulator, and an evolving legislative landscape meaning previously compliant schemes may now be in breach of regulation, now is the time to think about auditing your auto-enrolment scheme. Johnson Fleming is hosting a webinar on 9 October at 11:00 on how to audit your scheme to ensure compliance, avoid breaches and fines and overcome data issues.
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