Schroders' Planner arm expands to Leeds

Schroders Personal Wealth (SPW), the Financial Planning joint venture launched by Schroders and Lloyds Bank, has expanded into Leeds with the opening of an operational centre in the city centre.

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SPW sees 133% increase in referrals

Schroders Personal Wealth has seen a 133% increase in referrals for the first half of 2021 (compared to H1 2020).

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Lloyds to acquire Embark for £390m

Lloyds Banking Group is to acquire fast-growing retirement and wealth management company Embark Group.

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FCA fines Lloyds Bank insurance arm nearly £91m

 

The Financial Conduct Authority has today fined Lloyds Banking Group’s general insurance arm nearly £91m for false promises on renewal premiums over an eight year period.

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