Lloyds reveals robo plans for pots too small for Schroders
Firm’s mass market offering will launch in late 2020
Lloyds
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Standard Life and Lloyds settle dispute
The bank tried to end its asset management relationships with the Scottish firm
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UK bank to roll out mobile pension advice service
It also wants to expand platform to include insurance and wealth management offerings
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UK bank freezes expat accounts in Jersey
Anti-money laundering regulation sparked more stringent client processes
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10% of UK adults fall victim to financial scams
Dodgy emails and phone calls are the top ways people are contacted but social media also poses a danger
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Schroders/Lloyds financial planning venture takes shape
Two-stage roll out will open it up to the wider UK market
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Lloyds’ plans for Schroders tie-up to rattle advisers
Industry speculates on where it will find 700 advisers to deliver its £25bn target
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Schroders and Lloyds to shake up financial planning sector
But banks re-entering the market should not be seen as a threat, says Intrinsic chief executive
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Schroders quiet on Lloyds tie-up as intermediary assets slip
Slice of the £109bn mandate would boost sluggish AUM growth
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Blackrock bags £30bn Scottish Widows mandate
But industry commentators argue it will be ‘a low margin business’
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Schroders confirms talks with Lloyds over wealth arm
Cazenove Capital stake could seal the deal for £109bn mandate
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Goldman Sachs shunned for £109bn Lloyds contract
Goldman Sachs is now a rival due to its UK retail bank