Emerging markets expert Mark Mobius is to retire from Franklin Templeton Investments on 31 January, after more than 30 years with the company. Mobius, a Money Marketing columnist, oversaw Franklin Templeton’s emerging markets team from 1987 to 2016. He has spent more than 40 years working in emerging markets and launched one of the first […]
The High Court has ruled four people who ran a series of scam pension schemes must pay back £13.7m they took from victims. David Austin, Susan Dalton, Alan Barratt and Julian Hanson tricked hundreds of people over a two-year period to part with their savings and then squandered the money. The Pensions Regulator asked the […]
A year after the FCA reviewed advice firm consolidators, big players are continuing to buy up financial planning businesses with little further protest from the regulator. AFH, for example, started 2018 with a bang, announcing that it has acquired the assets of Hertfordshire advice firm Monopoly Financial Consultants in a £600,000-plus deal. It caps a […]
Scottish Widows is eyeing the launch of a hybrid drawdown product, Money Marketing understands. In a new magazine for advisers launched today, the provider notes the FCA’s observation “that product innovation has been limited for mass market investors in drawdown” and alludes to “announcements on that front later this year” from Scottish Widows. Providers have […]
Jelf Employee Benefits has given its initial thoughts on the chancellor’s 2014 Autumn Statement. The company is seeking to isolate the sections of the speech (and the supporting document) that are relevant to the employee benefits debate. The first such area is pensions related.
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