PEOPLE MOVES: Schroders, Nucleus, Royal London
CFO retires from asset manager, as platform hires director of business development
Royal London
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Aegon sells off UK individual protection business
Deal is subject to court approval
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Advice clients raiding pensions to help family with living costs
Brits warned they are risking their retirement
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Royal London expands Irish pension offering with partnership
After rolling out a retirement bond and fund in the country
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£126,000 pension shortfall for women going through menopause
UK still needs to deal with the ‘yawning’ gender gap
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DIY Wills fuel rise in inheritance disputes
Preparing for death ‘might seem pessimistic’ but it can help families cope ’emotionally, practically and financially’
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20% of advisers ‘in the dark’ about FCA Consumer Duty
Some don’t even believe ‘it will add any value to consumer outcomes’
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Investors warned about high volatility amid Russia-Ukraine war
Crisis highlights need for broad diversification as a way to improve resilience to shocks
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Royal London and LV= merger talks collapse
Differing ‘mutual models’ forced the two companies to halt discussions
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Royal London and LV= in ‘exploratory discussions’
But there is ‘no certainty’ that the talks will result in a deal
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Just 32% of UK adults expect inheritance or monetary gifts
Brits warned about ‘sacrificing’ standards of living in retirement for the next generation
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What is holding ESG, sustainable and responsible investing back?
As 55% of Brits say they aren’t aware of or don’t understand the terms