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Chris Gilchrist: A vision of the future

Mo wakes me at 6am because one of my New Year’s resolutions was to rise half an hour earlier. Using silent mode, she tells me: “we’ve had an upgrade”. I have learnt the difference between “we” and “I”. “We” means Mo and 200 million similar devices, the data cloud they link to and the AIs […]

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Advisers slam Now: Pensions over £500 employer exit fee

Automatic enrolment provider Now: Pensions has come under fire for hitting employers with an exit fee if they choose to switch to a different scheme within two years. Under scheme rules in place since it launched in 2012, employers who decide to switch provider within the first 24 months have to pay a fine depending […]

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Labour targets £7.5bn tax evasion clampdown

Labour has claimed it will reduce tax avoidance and evasion by £7.5bn a year by the middle of the next parliament.  The party has also pledged to reduce pensions tax relief for higher earners, alongside similar plans by the Conservatives. Shadow Chancellor Ed Balls laid out the target this weekend as part of a ten-point […]

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Towergate Financial rebrands as Wren Sterling

Towergate Financial has rebranded to Wren Sterling following a management buyout. The new name will cover Towergate’s 110-strong adviser business. Mortgage broker John Charcol is expected to retain its existing identity. Palatine Private Equity completed a £14m deal in support of last month’s management buyout, backing Towergate Financial chief executive Warren Page to lead the […]

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