Articles
The takeover of wealth manager Charles Stanley by US-owned rival Raymond James has been pushed back a month due to delays in securing FCA approval.
The Pension Freedoms were introduced in 2015 by Chancellor George Osborne and were hailed, at the time, as a “pensions revolution” and the biggest changes to pensions in a century.
LV= chair to quit after private equity deal rejected
Written by Kat MitchellLV= chairman Alan Cook is to step down after a £530m recommended deal by a US private equity firm to take over the mutual failed to win enough support from LV= members.
Consumers facing financial difficulties due to being victims of economic or financial abuse will get more support in future, an industry trade body says.
The FCA has confirmed that the 45-year-old sterling LIBOR rate will be killed off at the end of the year.
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Industry pension experts have expressed concern about new FCA retirement income data revealing that more than 40% of pension savers are withdrawing from their pension pot at an annual rate of 8% or more.
US fintech SS&C Technologies Holdings is to acquire the UK B2B investment platform Hubwise Holdings for an undisclosed sum.
MPs question FCA CEO over bonuses and backlogs
Written by Kat MitchellTreasury Committee MPs have questioned FCA CEO Nikhil Rathi over the regulator’s bonus scheme, fee rises and backlogs in firm authorisations.
Phoenix hires development director for M&A push
Written by Kat MitchellSavings and retirement provider Phoenix Group has recruited Anna Franekova as corporate development director to spearhead its acquisition strategy.