Richard Oldfield has been appointed as group chief executive of investment manager Schroders from 8 November.
Read more ...State Pension increase to pull 340,000 into paying income tax
- Tuesday, 10 September 2024
- Articles

Former Pensions Minister Sir Steve Webb said the State Pension increase will pull 340,000 into paying income tax
An estimated 340,000 more pensioners will pay income tax on their State Pension next year due to the Triple Lock pushing up the State Pension above inflation.
Read more ...Abrdn selects Jason Windsor as new group CEO
- Tuesday, 10 September 2024
- Articles

Jason Windsor
Investment and wealth manager Abrdn has picked Jason Windsor, currently interim group chief executive, as its new £800,000 a year group CEO.
Read more ...FCA delays SDR label requirements
- Monday, 09 September 2024
- Articles

New FCA SDR Labels
The FCA has given firms four more months time to comply with its new Sustainability Disclosure Requirements' regime and new investment label rules.
Read more ...Inertia is costing savers dear warns report
- Monday, 09 September 2024
- Articles

Over half (58%) of those surveyed held most of their savings with the same bank that maintains their current account.
Reluctance to diversify and move savings is causing many savers to miss out on better rates, according to a new report for UK Savings Week.
Read more ...FCA: appointed rep oversight needs to improve
- Monday, 09 September 2024
- Articles

FCA HQ
The FCA says standards of regulatory practice among appointed representatives (ARs) are improving but there is “more to do.”
Read more ...Standard Life launches blended retirement income product
- Monday, 09 September 2024
- Articles

Many early retirees want both fixed income and flexibility later on
Standard Life has launched a new blended income/maturity value, retirement-focused product designed to help early retirees bridge the gap between scaling back work and the State Pension.
Read more ...MAPS launches digital version of Pension Wise
- Monday, 09 September 2024
- Articles

Pension Wise website
The government-backed Money and Pensions Service (MAPS) has today launched Pension Wise Digital, a digital version of its face to face service, to expand its free guidance offering to more people.
Read more ...FCA bans 4 over ‘reckless’ pension transfer advice
- Friday, 06 September 2024
- Articles

FCA's Therese Chambers
The FCA has banned four financial advisers, three provisionally, over “reckless” pension transfer advice which has so far cost £13.4m in compensation payments.
Read more ...£5.4bn takeover of Hargreaves Lansdown moves closer
- Friday, 06 September 2024
- Articles

Hargreaves Lansdown's Bristol HQ
The acquisition of platform provider Hargreaves Lansdown by a private equity-led consortium has moved a step closer today as the scheme of arrangement was officially confirmed.
Read more ...