The boss of Richmond House Wealth Management responds to Money Marketing columnist Paul Lewis’s latest article that questioned the effect of pension freedoms I am in the majority of advisers in that I am still, just, in my 50s. I therefore grew up with the Man from the Pru calling monthly to collect premiums, got […]
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
FCA chief executive Andrew Bailey received a £75,000 bonus for 2017/18, the regulator’s accounts show. Part of the bonus has been deferred and will be paid in 2019. The portion of the bonus already received has been donated to the FCA’s staff charities, Richard House and the Alzheimer’s Society. The bonus is a £10,000 increase […]
By Fiona Tait, Pensions Specialist Since the announcement in March, the Lifetime ISA (LISA) has attracted controversy. Heralded as a saviour for the self-employed and the young wanting to get on the housing ladder, the new LISA risks adding confusion for savers trying to fully understand the benefits of new workplace pension savings through auto-enrolment. To […]
Legal & General Investment Management has hired James Crossley as UK retail sales head. Crossley joins the team from Jupiter, where he was overseeing the UK retail distribution and retail sales team. Crossley replaces Simon Hynes, who worked with Crossley at Jupiter. Hynes recently took on the role of EMEA retail distribution head at LGIM where he […]
UNIQ Family Wealth has acquired Brecon-based IFA Isaac Rees Wealth Management. It is the second acquisition made by UNIQ, run by founder and former IFP president Marlene Outrim and was completed earlier this year. UNIQ acquired Bristol-based firm Morgan Stone Independent in 2017 forming a trio of branches across Bristol, London and Cardiff. Last year […]
The consequences of the European referendum result have been far-reaching and, in many ways, unquantifiable. We can make pretty well-educated guesses about the impact of the uncertainty created on economic growth based on declining business investment, for example, but we cannot know for sure where exactly the GDP line would have gone if the country […]