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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