Up to one in 10 of the most competitive two-year fixedrate deals are now below the Bank of England base rate with the return of 4.99 per cent mortgage offers, says online broker mform.co.uk.
I think Filip Slipaczek’s letter is really quite silly. Of course, one can give generic advice without having to have a full fact-find because otherwise someone trying you out on the phone to see whether or not they might like to become a client will have no idea what knowledge one has. It is absurd […]
Axa UK has acquired ICAS International Holdings, a global provider of employee support and well-being services.Axa says the move will help its healthcare division, Axa PPP, to strengthen its presence in the growing market for employee support and well-being services.ICAS has over 900 corporate clients, 50 of which are multinational, and 1.5 million employees covered […]
In this week’s article, I am returning to a subject which is very close to my heart, career and IFA business – pension transfers.
The FSA paid out more than £13m in fees to external consultants last year.Top earners include Defaqto which was paid £1,330,494 and PriceWaterhouseCoopers which received £1,208,663. Other big beneficiaries were Mills & Reeve with £366,953, QI Consulting on £345,905, Concerto Consulting with £362,098 and KPMG £316,518.A freedom of information request made by Money Marketing shows […]
Flexible benefits platforms are becoming increasingly popular, with 80% of employers with more than 100 employees offering some form of flexible benefits scheme, compared with just 11% a decade ago. However, global mobility of employees is on the rise, with nearly 57 million expats predicted by 2017, which can add further complexity to your picture.
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]