Twenty-seven per cent of trustees with defined-benefit pension schemes in deficit believe the schemes will still be in deficit in 10 years time, according to a survey by Aon Consulting.
US fund management giant Federated Investors has emerged as one of the frontrunners in the 550m auction of Artemis. It is believed a deal will be announced within weeks.
Compliance expert Bill Warren has started a new consultancy providing compliance support for financial services companies.
Net mortgage lending dived by 40 per cent in April to 666m from 1.1bn in the same month last year, according to figures from the Building Societies Association.
In last year’s FCA thematic review of the mortgage market, one of the key things highlighted was the “savvy consumer”. That’s the client who comes in the door with a very clear idea of what they need and expect you to get them it. They don’t think they need advice, they have after all consulted […]
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When Selectapension stopped executing defined benefit pension transfer advice last year, eyes quickly turned to its key partner firm: CFPML. A previously unknown entity, the FCA reviewed CFPML as part of its work, and a little big of digging from Money Marketing uncovered it was actually a two-man band advice firm just down the road from […]
The end of the “boom” in pension transfers could be in sight, consultancy the Lang Cat predicts. The Lang Cat has published its latest platform market scorecard, which found pension gross inflows to platforms dropped 16 per cent in the first quarter of 2018 when compared to the fourth quarter of 2017. This was compared to […]