The FCA has today announced that Sheree Howard has been appointed as executive director of risk and compliance oversight (R&CO).
The Royal Bank of Scotland Group has appointed Alison Rose as executive director and chief executive officer.
St James’s Place Wealth Management has recently been hammered in the press, particularly by the Times, over its incentive schemes. At the risk of being hung, drawn and quartered I believe the criticism has been over-done.
Legal & General’s Retail Retirement division has signed a new introducer agreement with Prudential.
A report published by Octopus Group at the beginning of August, reported that “almost a third (29%) of financial advisers polled said they expect to retire within the next five years, rising to 6 in 10 (58%) within the next ten.” This is “equivalent to more than 15,000 financial advisers leaving the profession out of a current total of over 26,600.”
The FCA has today published multi-firm review findings indicating the MiFID II research unbundling rules have improved asset managers’ accountability over costs, saving millions for investors.