A £550million deal has been secured for Aberdeen Asset Management to complete the buy out of Scottish Widows Investment Partnership.
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More firms predicted to enter bulk annuity market this year
- Thursday, 01 May 2014
- Articles
A study into the bulk annuity market has shown there were fewer big hitters in the UK last year but researchers predict more firms will enter.
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Ex-UBS trader banned for failings linked to trading losses
- Thursday, 01 May 2014
- Articles
The Financial Conduct Authority has banned a former UBS trader from performing any function in relation to any regulated activity in the financial services industry.
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FPSB announces new chairman elect following resignation
- Thursday, 01 May 2014
- Articles
The global Financial Planning Standards Board has named Sanjay Sachdev as new chairman elect of its board of directors following the resignation of Barry Horner for health reasons.
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1 in 3 advisers considering online arm for lower value clients
- Thursday, 01 May 2014
- Articles
More than one in three investment advisers (34%) are considering an online solution for lower value clients, according to the latest Aviva Adviser Barometer.
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FPSB's long-term plans include Turkey CFP certification
- Wednesday, 30 April 2014
- Articles
The global Financial Planning Standards Board has reaffirmed its long-term strategy commitments and its aims for the coming years.
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Annuity sales at Standard Life fall by 50% since Budget
- Wednesday, 30 April 2014
- Articles
Standard Life's annuity sales dropped by 50% following George Osborne's bombshell announcement on the future of pensions in the Budget.
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Towry to acquire Baker Tilly's private client business
- Tuesday, 29 April 2014
- Articles
Wealth advisory firm Towry is set to acquire the assets of Baker Tilly's private client financial advice and investment management business.
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MGM axes 80 annuities linked jobs in response to Budget
- Tuesday, 29 April 2014
- Articles
Eighty jobs at MGM Advantage linked to the annuities market will be axed, the company has announced today.
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'RDR turns people off financial advice and towards family'
- Tuesday, 29 April 2014
- Articles
The Retail Distribution Review has led to people increasingly turning to their parents for financial advice, research suggests.
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