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New Year’s Honours list hails investment and pensions leaders

UK-Parliament-Big-Ben-London-Britain-700x450.jpgLeading figures in the investment and pensions space across government, regulators and industry have featured in this year’s New Year’s Honours list.

Chief executive of the Green Investment Bank Shaun Kingsbury and adviser to the chair of the Green Investment Bank Irene Adams were both awarded an Order of the British Empire for their services to the UK green economy.

Lloyds of London chairman John Nelson was order hailed with an OBE. Other business heads to attain accolades included consultancy McKinsey’s managing partner Vivian Hunt, who was made a Dame.

Robert Swannell, the chairman of UK Government Investments, the body that advises the Government on corporate finance and governance, also made the roster of OBEs.

Alan Giles, a non-executive director at the Perpetual Income and Growth Investment Trust and regulator the Competition and Markets Authority received an OBE, as did Northern Ireland’s pensions division head in its department of finance Grace Nesbitt.

The head of the Department for Work and Pensions’ digital group Raymond Long was presented with an Order of the Bath. He has overseen projects including changes related to Scottish income tax.

HM Revenue and Customs’ senior delivery manager Nora Houston was recognised for her services to taxpayers, while Donna Leong from the Department for Business, Energy and Industrial Strategy was also recognised for her work in competition and consumer policy.



FCA expresses concerns over FSCS drawdown treatment

Board minutes released by the FCA have shed further light on the regulator’s approach to reforming the Financial Services Compensation Scheme. Notes from an October meeting reveal that the regulator is working with the lifeboat fund to produce “a more comprehensible document explaining the cover provided” when consumers are given bad advice or investment companies […]


What new longevity measures mean for retirement advice

Traditional life expectancy figures are unhelpful for anyone trying to generate a sustainable retirement income For the first time, the Office for National Statistics has released life expectancy figures that include two additional measures – median and modal ages at death – which raise some interesting points for advisers. The variation between different types of life […]


Tavistock proposes plan to cut £22m deficit to pay dividends

Tavistock Investments has proposed a plan to reduce its current £22.3m deficit so it can pay dividends to shareholders. In a stock exchange announcement this morning, the consolidator says it can’t currently pay dividends because of a profit and loss account deficit of £22.3m as at the end of September. The negative reserves are a […]


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