Chancellor George Osborne’s Budget announcement in 2014 held the promise of a new world of retirement solutions, giving providers the opportunity to innovate as never before. The tragedy is that providers have not risen to the challenge laid at their door – largely repackaging and renaming what came before. There is a clear need for […]
The FCA is to consult on producing mission statement in a bid to boost the public’s understanding of what does and its role within society. The mission, revealed by chief executive Andrew Bailey at the regulator’s annual public meeting today, will include a proposal to be published in early autumn followed by a period of […]
While watching the Williams sisters advance to the final stages of Wimbledon, I caught up with the latest financial news. An article caught my eye about an advisory firm being launched in Nottingham called Cockburn Lucas for Women. I wonder what the odds are for Cockburn Lucas to be successful in attracting female clients? The […]
Jelf Employee Benefits looks at the issue of paying anaesthetist fees when the patient had no chance to discuss or agree to them prior to care; and provides recommendations for avoiding this scenario.
Most of us would agree that pensions were complicated enough before April 2015, but since the pension freedom changes came into effect it has got a whole lot worse.
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Standard Life Aberdeen has reported outflows of £31bn in its full year results, six months after the mega merger at the Scottish fund houses completed. In August 2017, Standard Life and Aberdeen Asset Management joined forces to become Standard Life Aberdeen, a giant global asset management powerhouse running £655bn assets. In its full year results, […]
Aviva has sold the rest of its Spanish businesses as it continues to pivot back towards the UK market. Aviva began disposing all of its Spanish life and pension businesses last September, following on from the sale of its Italian joint venture and offshore Friends Provident International businesses earlier in 2017. Since 2009, it has […]
Standard Life Aberdeen has sold its insurance arm to Phoenix in a £3bn deal. In the first results since the merger of Standard Life and Aberdeen Asset Management, the firm has said it has decided to exit the insurance market. Phoenix will pay a total of £2.3bn in cash for the business. Standard Life Aberdeen […]