Advisers who fail to offer life insurance, income protection and critical-illness cover could lose their independent status. In December’s retail distribution review consultation paper, the FSA says only 40 per cent of investment advisers currently sell all three protection products but warns that the 60 per cent of investment advisers who limit their advice to […]
The introduction of ground-breaking pension freedoms in April 2015 has created some uncertainty for employees and employers alike, and they are looking for help. With further changed announced in the summer Budget, employees really need help to understand how the changes affect them.
2018 saw mixed fortunes for the platform space, with a number of advised offerings launching successful IPOs, while others feeling the heat went through mergers or tough technology reboots. Here’s what the experts made of it all. Upgrade pain…again Platforms’ dilemma is whether to stick with the old tech and fall behind with the whizzy […]
Royal London chief executive Phil Loney is stepping down at the end of 2019 and the new chairman, Kevin Parry, will lead the search for his successor. Parry’s appointment and Loney’s departure were both announced this morning. Parry, will leave his current non-executive director position at Standard Life Aberdeen at the end of December and […]
The former Schroders chief finance officer and chief executive of Management Consulting Group will take over the position on 1 January 2019. Parry succeeds incumbent and former deputy Bank of England governor Rupert Pennant-Rea as Royal London’s chairman, who held the position for more than five years. He will help Royal London find a new […]