Unions representing 1.5m local council workers are to ballot for strike action over plans to raise their retirement age from 60 to 65. These workers were excluded from DTI secretary Alan Johnsons deal with other public sector workers and instead have to negotiate with the Office of the Deputy Prime Minister.
IFA Promotion is issuing a factsheet through its website explaining key facts disclosure documents to consumers.The sheet explains how consumers can use the mandatory information covered in the two documents – About our Services and About the cost of our services. It clarifies the status of financial advisers and looks at how consumers can use […]
Jelf Employee Benefits discusses the legislative changes in Dubai, available medical facilities and policy considerations for employers with expatriate workforces in the country. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Dubai, or are considering operating there in the near future.
Brewin Dolphin saw drops in both assets under management and income last quarter, according to its latest trading statement. Total funds closed at £39.5bn – a 7.7 per cent drop, and discretionary funds reduced by 7.2 per cent to £34.9bn. The company attributed the drops to negative market movements, with “Red October” having an impact […]
Advice firm consolidator and discretionary manager Harwood has reported revenue growth of 26 per cent as it eyes further acquisitions in the year ahead. Results for the year to 31 October 2018 released this morning show that acquisitions have seen assets under management grow from £1.2bn to £1.7bn, an increase of 42 per cent. Revenue […]
AJ Bell has reported a slowdown in defined benefit transfers onto its advised offering as it becomes the latest platform to report a fall in assets under administration after a volatile fourth quarter. Results this morning show that the platform benefited from £600m in DB transfer inflows in the quarter to December 2017. This fell […]