Those enterprising bunch at the Milton Keynes Lifesearch office managed to beat the heatwave by buying a children’s inflatable paddling pool to splash about in.Staff were sent home due to the broken air conditioning but had to stay on call so the only option was a quick trip to Argos to buy the pool and some arm bands. As we went to press, no photos of a bunch of middle-aged protection advisers prancing around the local park in Speedos were available but rest assured we are on the case.
Roger Bartley is moving to Legal & General Investment Management as global head of fixed income from Gartmore where he was chief investment officer of fixed income.
The Department of Trade and Industry is set to abolish audit requirements for regulated small firms and appointed representatives. The FSA says the move will save 3,200 small firms and 1,490 ARs £12.9m a year. The DTI will introduce regulations under the Companies Act 1985 to implement the FSA’s proposal as soon as possible. The […]
HBOS has seen a dramatic rise in mortgage lending over the first six months of this year. Brokers believe the UK’s biggest lender is unlikely to be hit by the emergence of new players in the market because of its vast size and reputation. HBOS reported an increase in gross lending to 35.2bn from 27.6bn […]
By Fiona Tait, Pensions Specialist Ros Altmann reportedly hoped for more product innovation following pension freedom¹ and, according to one poll, 66 per cent of advisers also believe that providers should be doing more². This article considers whether there is a real client need for new products, or whether we should be focusing our attention on efficient delivery […]
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It is likely the increased regulatory scrutiny on fund managers’ value could filter down to advice firms in the future In my last article, I considered the influence a non-executive director could have in challenging an advice firm’s business model in light of the pension transfer issues. Now, in its asset management market study final […]
The financial services industry has failed to find ways of nudging consumers to think about their options at retirement, despite three years of pension freedoms. A panel at the Association of British Insurers retirement conference today lamented the way companies talk to people about pensions and the lack of engagement it inspires. ABI director general […]
The new chief executive of the single financial guidance body can expect a salary of £175,000 a year, according to a job advert posted online. The advert, posted on the Cabinet Office website says applications will close in mid-May with final interviews held in early July. The date for announcing the successful candidate has not […]