IFA consolidation vehicle Perspective Financial Group has acquired its sixth firm, Rutherford Wilkinson, which has 16 advisers and 150m of funds under advice. It will continue to trade under its current name with the existing management structure.
Aegon Scottish Equitable chief executive Otto Thoresen is warning that the timetable for implementing the retail distribution review reforms is too tight and could drive good advisers out of the industry.
Following a cabinet reshuffle in light of last week’s general election, David Cameron has announced that Ros Altmann will be replacing Steve Webb as pensions minister. As the industry works with one of the largest reforms to the sector in almost a century, the former adviser to Tony Blair has been tasked with ensuring that the pensions revolution does not stray off track.
Cast your mind back to June 2014. King Juan Carlos I of Spain abdicates the throne after a 39-year reign. Uruguay’s Louis Suarez is expelled from the World Cup for biting Italy’s Giorgio Chiellini. The European Central Bank breaks new ground in monetary policy by cutting its deposit rate to a negative level for the […]
New figures reveal victims of pension fraud lost on average £91,000 each in 2017, as regulators launch a new campaign to crack down on scams. The FCA and The Pensions Regulator are working together on an advertising campaign targeting pension savers aged between 45 and 65. A survey commissioned by the regulators shows nearly one […]
The Pensions Advisory Service chair Ann Harris and non-executive director of the Money Advice Service Mike Dailly have been appointed as non-executive directors of the new Single Financial Guidance Body. The body is expected to launch on 1 October with Harris and Dailly’s appointments to start immediately. The single body brings together MAS, Pension Wise […]