Will other fund houses follow M&G wealth management push?
‘Clearly buying a much less volatile earnings stream could have its advantages’
‘Clearly buying a much less volatile earnings stream could have its advantages’
AJ Bell CEO: It’s ‘a mandate for pension providers to line their pockets by peddling in-house funds’
Insurer names hires global head of M&A, while wealth firm names CEO
Life company names Singapore CEO, as wealth group hires acquisitions director
As liquidity issues remain, despite clarity over valuations
It will help ‘reduce the time spent trawling through material’
Nobody knows when the axe will fall, but it’s expected to come down hard
People with life insurance, pension policyholders and DB scheme members will be most affected
Ill-health pension transfer not liable for IHT, but HMRC right to charge for ‘omission of benefits’
But does the shape of the recovery matter at this point?
FCA six-month notice period proposals might ‘spare fund management groups a few blushes’
But drop is expected to be ‘a short-term blip’