Prudential has increased its interim dividend by 5 per cent to 6.29p per share as profits on an EEV basis fell 8 per cent to £1.2bn in the first half of 2009 compared with the same period last year.
Former Millfield chief executive Paul Tebbutt has joined Simon Chamberlain’s IFA consolidation firm Succession as a relationship director.
Skandia has dropped its platform brand Selestia and is now operating as Skandia Investment Solutions.
The Ombudsman has agreed to defer its consideration of complaints relating to Lehmans-backed structured products by a further three months, following a request from the FSA.
By Mark Martin, Head of UK Equities, Neptune Investment Management The start of 2016 has been one of the most tumultuous periods in recent years for UK markets, with the FTSE 100 Index briefly entering bear market territory in the middle of January. Fuelled by a collapse in the oil price and escalating concerns over […]
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Independent governance committees at big-name pension providers are failing to safeguard the interests of savers and the FCA must take action, fresh research finds. In 2015, the FCA required contract-based pension providers to appoint IGCs to act as champions of savers’ interests. IGCs are required to publish annual reports to increase transparency and encourage comparison […]
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