FCA lays out plans for traffic light ratings of DC pensions
Schemes to be rated red, amber or green on their performance
Industry
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L&G Asset Management profits drop 14% following strategy shakeup
The fees involved with merging its investment management and capital divisions proved costly, weighing on its half-year results
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Aegon says advised clients still facing tough times despite inflation drop
Researchers found 33% have received an increase in queries from clients since 2021
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Schroders and Benchmark launch adviser guides on great wealth transfer and female financial planning
The firm found 63% of advisers concerned about wealth transfer
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Quilter sees 164% increase in core net inflows in H1 2024
Company also achieved a 28% increase in adjusted profit
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Rathbones rolls-out Iress Xplan in financial planning unit
Xplan will also be used for integration with Investec Wealth & Investment
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Quilter adds four more firms to advice network
Dundee-based Andy Caterer Wealth Management among the new firms
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Fidelity International strikes £29m adviser platform software deal
Sonata underpins Fidelity’s adviser platform
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Hargreaves Lansdown extends deadline for proposed acquisition
Comes after additional extensions from June bid
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Titan Wealth appoints Ian Wood as group CIO
CIO of Titan Asset Management John Leiper exits
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Are decumulation strategies fit for purpose?
Experts weigh in on whether the advice industry is getting it right
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PEOPLE MOVES: Allianz GI, Invesco, Quilter, AVI, Nuveen, Amati
Jeremy Gleeson will join AllianzGI