Yong-Moon Kim has joined Credit Suisse Asset Management as managing director and head of global equities for asset management. Yong-Moon arrives from Mirae and will report to head of equities for asset management Kim Goodwin.
The Jersey Financial Services Commission and the British Virgin Islands Financial Services Commission have signed a memorandum of understanding that will further co-operation between the two regulatory bodies.
Just Retirement and The Hartford edged out more established product providers to make the top three of Sesame’s first provider service index.The survey found Just Retirement was ranked top for service by its members, followed by Skandia and The Hartford. Friends Provident and Standard Life were ranked fourth and fifth.Axa was ranked the worst with […]
Poor administration on pension transfer business is damaging the industry and must be tackled head on, says Suffolk Life director of sales and marketing John Moret.The Pensions Ombudsman’s annual report for 2006/07 showed that pension transfer business was the second-highest cause of complaints with 158 cases, representing 13.9 per cent of all complaints.Moret says he […]
Schroders and Lloyds Banking Group have joined forces for a financial planning and wealth management proposition for wealthy clients. The new business aims to address the “growing gap in the advice market” through a personalised, advice-led proposition. The partnership will bolster Schroders’ expansion into the UK wealth management market, while Lloyds says it will help develop […]
The gap between what women earn and save compared to men continues to grow according to Office for National Statistics figures released today. Analysis for young people aged 16 to 29 shows the level and growth of median annual earnings were generally lower for women than men whether they were degree or school-educated or had […]