Covid spurs 53% to seek financial advice 

The pandemic has spurred more than half of adults (53%) to seek financial advice to help with increasing money concerns. 

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Pru’s Manduca to become new SJP chairman

Wealth manager St James's Place has appointed Paul Manduca, currently chairman of Prudential, to become its new chairman when incumbent Iain Cornish steps down in 2021 after two years in the role.

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M&G buys Ascentric platform from Royal London

Royal London has sold its adviser platform business Ascentric - which has £14bn in Assets Under Administration - to fund manager M&G.  

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M&G set to cut 10% of jobs to boost sluggish profits

Fund manager M&G is to cut staff numbers by 10% following a fall in pre-tax profits from £1.62bn to £1.149bn.

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