Reading about Nick Bamford’s ire over the way in which Barclays are representing the financial services they can provide to their customers, I feel entitled to point out that this is exactly what I predicted several months ago whenDavid Severn was spouting on about how great depolarisation was going to be for the industry and its consumers (we knew it was baloney then and now we know it even more).
No political party can claim the stock market has performed best whilst under their control, according to research from Halifax Financial Services.Halifax measured the performance of the FT30 index during the three months before and after each of the 10 elections since 1966, as well as the performance of the stock market during the Governments […]
Morley Fund Management has added two analysts to its global equities team.John Wilson and Nicole Mardell join from HSBC Asset Management in Tokyo, and First State Investments in London.
The Department for Work and Pensions has announced its new rules on state pension deferral, effective from April 7.People choosing to defer their state pension can now opt for a one-off taxable lump sum or a weekly increase, when they do decide to claim. In order to be eligible for the lump sum option, people […]
Flexible benefits platforms are becoming increasingly popular, with 80% of employers with more than 100 employees offering some form of flexible benefits scheme, compared with just 11% a decade ago. However, global mobility of employees is on the rise, with nearly 57 million expats predicted by 2017, which can add further complexity to your picture.
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It is likely the increased regulatory scrutiny on fund managers’ value could filter down to advice firms in the future In my last article, I considered the influence a non-executive director could have in challenging an advice firm’s business model in light of the pension transfer issues. Now, in its asset management market study final […]
The financial services industry has failed to find ways of nudging consumers to think about their options at retirement, despite three years of pension freedoms. A panel at the Association of British Insurers retirement conference today lamented the way companies talk to people about pensions and the lack of engagement it inspires. ABI director general […]
The new chief executive of the single financial guidance body can expect a salary of £175,000 a year, according to a job advert posted online. The advert, posted on the Cabinet Office website says applications will close in mid-May with final interviews held in early July. The date for announcing the successful candidate has not […]