Millions in power of attorney fee refunds unclaimed
Less than a fifth of the £69m pot has been paid out
Royal London
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PRODUCT WRAP: Royal London, CPR AM, Hawksmoor
Multi-asset funds high on retail agenda and Amundi subsidiary’s thematic fund to tackle global warming
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HMRC grabs over £400m extra from pension freedom users
UK taxman forced to repay over £30m in Q4 2018, showing little improvement has been made
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PEOPLE MOVES: Eastspring, Meyado, STM Group
Eastspring chief executive’s retirement followed by two senior departures
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Financial services firm opens Ireland subsidiary
The company is ‘writing a new chapter’ with the creation of 20 jobs in Dublin
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PEOPLE MOVES: China Life, Amundi, Brewin Dolphin
Changes at the top for China Life and London addition for Brewin Dolphin
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Royal London group chief executive to step down
Chairman also set to exit at the end of 2018
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High earners in UK stung by NI contributions rise
Gains made from rise in higher income tax rate threshold halved by NIC increase
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Investor activism fails to curb FTSE pay inequality
Just over a third of FTSE 100 companies pay their UK staff a ‘living wage’
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Royal London AM intermediary inflows increase 33%
Funds under management reach £117bn
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Royal London AM targets IFAs and 5% with income bond fund
Looking to exploit the inefficiencies inherent in credit markets, Royal London Asset Management will launch a monthly income bond fund later this year aimed at advisers and targeting an income of 5%.
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High court approves Royal London’s ‘substantial’ cash offer
Royal London policyholders will be receiving offers for their guaranteed annual return pension schemes after the UK High Court, in principle, signed off on the provider’s plan to cash out savers.