Skandia UK’s chief operating officer John Tomlins, finance director Simon Lloyd and platforms delivery director Tim Mann are all being made redundant. At Skandia Investment Group, Steve Kowal and head of investment research Tom Berger are also leaving.
The Association of British Insurers has called for the maximum age by which people are required to have purchased an annuity or an alternatively secured pension to be increased from 75 to 80.
The Charles River report to the Association of British Insurers in 2005 found little criticism of the commission system of remuneration.At about the same time as this report, I wrote to the FSA saying that if comm-ission and its effect were to be displayed on illustrations, why not also show the fee charges as an […]
Scottish Widows Investment Partnership has launched its multi-manager optimal multi-asset fund into the UK retail market.
The UK Commission for Employment and Skills says it will meet with the Financial Services Skills Council at the end of January to consider its bid for relicensing but warned that a final decision is not guaranteed by this time.
In the run-up to the Budget, there was some concern that the chancellor might ‘call time’ on the use of salary sacrifice in employee benefits provision.
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The New Model Business Academy received just over half the Government funding for its apprenticeship programme it was hoping for, which has led to paraplanner and administrator apprenticeships being shelved. NMBA, which is part of the SimplyBiz Group, announced earlier today it is opening applications for its apprenticeship programme this week. In December, it received […]
Platform Alliance Trust Savings must compensate a client after he was unable to make several investments because the online service was down. The client, Mr W, had around £2m in his Sipp fund with ATS. In late June 2016, his advisers tried to make a number of investments into specific funds, however, these did not […]
Last year, Money Marketing took a deep dive into how advisers are remunerated with an extensive reader survey. This year, we’re going even bigger and better, teaming up with recruitment consultancy BWD to bring you the definitive picture on pay. With your help, we hope to decode how qualifications, employment status, geography, gender, job title and other […]