Articles
Pandemic hits financial services income and liquidity – FCA
Written by Kat MitchellNearly 6 in 10 respondents (59%) to the FCA’s Coronavirus Financial Resilience Survey expect the pandemic to hit their income, with most expecting a drop of up to 25%.
Newton Investment Management, part of BNY Mellon Investment Management, has appointed former Aviva Investors CEO Euan Munro as its new chief executive.
Focus Financial Partners, a leading US wealth advisory firm, has acquired Cheshire-based Watterson Financial Planning.
Only one in three financial advisers use cashflow modelling tools with all clients and less than half use it at lifetime 'milestone' moments.
Lindsay Hudson is to join Aegon Asset Management as head of inclusion and diversity from Invesco where she has worked since 2015.
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Divorcing couples need pensions advice – survey
Written by Kat MitchellDivorce was the second biggest cause of a derailment of retirement plans according to the Great British Retirement Survey, but financial advice is often not taken during divorce proceedings.
UK Chancellor Rishi Sunak has announced new lockdown grants to retail, hospitality and leisure businesses and made a further £594m available for Local Authorities to support other businesses not eligible for the grants but affected by the restrictions.
Wealth manager Mattioli Woods has appointed David Kiddie, Edward Knapp and Martin Reason as independent non-executive directors.
Expect a year of ultra-low interest rates - AJ Bell
Written by Kat MitchellMarkets are pricing in the Bank of England keeping the base rate low, or even cutting it further, throughout 2021 despite the roll out of Coronavirus vaccines and the emergence of a Brexit deal, according to AJ Bell.