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Old Mutual Wealth eyes 2017 float as US sale nears

Old Mutual is planning to float its UK wealth division in 2017 as its break-up plan gathers pace. The FT reports the group will sell 10 per cent of Old Mutual Wealth through an IPO, with the remaining 90 per cent distributed to shareholders through listings in London and Johannesburg. US asset management business Old […]

Best Protection Provider: Aviva

Aviva was named Best Protection Provider for the ease of its online application process as well as its competitive pricing. Advisers also liked the way Aviva focuses on an efficient turnaround once applications had been made, and the service proposition supporting the process. One adviser praised their Aviva BDM for the clarity they provide alongside […]

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FCA to review mortgage advice rules

The FCA will investigate whether its rules around advice reduce competition in the market. Following a call for input on competition in the mortgage market, the regulator has published a feedback statement today saying where advice is lengthy and does not engage the customer, competition can suffer. However, it did stress that its rules on […]

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