Schroders is aiming to raise £100m for a new Social Impact investment trust to be floated on the London Stock Exchange.
Read more ...100,000 pension transfers may need ‘top up’
- Monday, 23 November 2020
- Articles
Pension consultant Willis Towers Watson has warned that pension schemes could be forced to top up 100,000 historic pension transfer payments following a High Court ruling.
Read more ...Openwork mortgage arm to launch wealth adviser
- Monday, 23 November 2020
- Articles
Mortgage and protection business Just Mortgages, part of the Openwork network, is to launch a new wealth division in January called Just Wealth.
Read more ...Kingswood launches US brand after American deal
- Monday, 23 November 2020
- Articles
Wealth manager and Financial Planner Kingswood has rebranded its US interests as Kingswood US as it takes a private-equity funded, majority stake in a US adviser firm.
Read more ...Local MP backs planners’ FSCS levy fight
- Friday, 20 November 2020
- Articles
Sheffield-based Financial Planners Belmayne have enlisted their local MP to help them fight rising FSCS levy costs which have seen the firm hit with £2,000 bill increase.
Read more ...Hargreaves founder cashes in £103m stake
- Friday, 20 November 2020
- Articles
Stephen Lansdown, one of the two founders of online investment platform and wealth manager Hargreaves Lansdown, has sold £103m of shares in the business.
Read more ...Pension scam 'red flags' high in October
- Friday, 20 November 2020
- Articles
Pensions transfer data showed a high proportion of 'red flags' in October with over 60% of transfers showing signs of possible scams.
Read more ...Selectapension teams up with Aegon for new tool
- Friday, 20 November 2020
- Articles
Pensions and investment planning software firm Selectapension has unveiled 'Quote & Apply' - a new tool for advisers to speed up the application process - and has signed up Aegon as the first provider.
Read more ...FCA to raise fees for new firms
- Thursday, 19 November 2020
- Articles
The Financial Conduct Authority is set to increase fees paid by new businesses seeking authorisation, according to its latest consultation paper.
Read more ...FOS reports 30% complaints rise due to Covid-19
- Thursday, 19 November 2020
- Articles
New complaints received by the Financial Ombudsman Service (FOS) rose 20% year on year in between July and September, as Coronavirus pandemic-related gripes continue to rise.
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