The Retirement Partnership has appointed annuity expert Peter Quinton as acting managing director, taking over the key role from founder Steve Lewis who will become chairman while taking up a new senior position with LV=.
An independent Scottish Financial Planning firm which offers a “money-back if not happy” fee guarantee to clients is targeting a £1 million turnover in the next three years as part of an ambitious expansion plan.
Quantitative easing increased inflation by up to 1.5 per cent, according to the Bank of England.
Firms and professional bodies have responded to the Financial Services Authority’s decision over simplified advice.
UBS has said that the estimated total losses to its firm from unauthorised trading now stand at £1.5bn, up from £1.3bn.
Sandy Leitch, the chairman of IFP sponsor Scottish Widows, is to retire at the end of this year.