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Henry Tapper: ‘We’ve really made a mess of DB transfers’

First Actuarial director and British Steel campaigner Henry Tapper has criticised the role of unregulated introducers in encouraging unsuitable defined benefit transfers out of the scheme. Tapper has been heavily involved with Operation Chive, the pro-bono adviser-led initiative to give help and guidance to steelworkers after the British Steel Pension Scheme’s collapse left them vulnerable […]

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Lloyds sells rest of Standard Life Aberdeen stake

Lloyds Banking Group has sold its remaining stake in Standard Life Aberdeen as the two investment giants continue their fight over the future of a key mandate. Lloyds and Standard Life Aberdeen remain in dispute resolution proceedings after Lloyds terminated its £109bn Scottish Widows Investment Partnership management deal with Standard Life Abderdeen in February. Aberdeen […]

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