View more on these topics

Lloyds ‘on track’ to grow financial planning

Lloyd Banking Group chief executive António Horta-Osório has said that the group is on track with its plan for digitizing its business and boosting its presence in financial planning and pensions.

The bank said in February that it was looking to increase its financial planning and retirement open book assets by more than £50bn and that it was eyeing one million new pension customers by 2020.

The bank recently formed a partnership with Schroders, making use of the manager’s expertise and awarding it part of a giant £110bn mandate that was formerly run by Standard Life Aberdeen.

Schroders and Lloyds in talks over wealth management tie-up Horta-Osório says the joint venture initiative with Schroders demonstrates Lloyds’ “focus on enhancing our customer proposition and growing our financial planning and retirement businesses.”

Recommended

HMRC-Paperwork-Closeup-700x450.jpg
4

FSCS hit with more than 300 claims over collapsed Sipp provider

The Financial Services Compensation Scheme has received more than 300 claims against the collapsed Lifetime Sipp Company in the last six months. Data provided to Money Marketing by the FSCS shows the number of claims being considered by the lifeboat fund has ballooned from 220 in July to 310 at the current time. Most of the claims are pensions related […]

rejected stamp
1

Pensions regulator bans ‘mastermind’ behind £13.7m scam

The Pensions Regulator has banned the man branded the “mastermind” of a £13.7m pension scam and his three accomplices from being trustees. David Austin – along with Susan Dalton, Alan Barratt and Julian Hanson – ran a scam that cost 245 people their pension savings, after the members were persuaded using cold-calling and other techniques […]

Is your equity income fund giving you what you need?

Robin Geffen, Neptune Fund Manager & CEO, discusses dividend risk and the potentially negative consequences of the Investment Association’s decision to cut the UK Equity Income sector’s yield target earlier this year. Read more here   Important Information – for investment professionals only. Investment risks   This Fund may have a high volatility rating and past […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com