‘Common sense’ prevails as pension freedom withdrawals fall 17%
But drop is expected to be ‘a short-term blip’
Royal London
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Insurance companies discriminate against some clients
Despite ‘blanket or general’ policies that refuse cover being against the law
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PEOPLE MOVES: Franklin Templeton, KPMG, Westpac
Investment manager hires head of distribution, as auditing firm names global head of tax
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Investigation delayed into FCA handling of mini-bond scandal
Campaign group accuses watchdog of using ‘dirty tricks’
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How has covid-19 changed the UK life and pensions market?
Firms under even more pressure to prove clients are being offered the most suitable solution
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Normal adviser service to resume three months after covid ends
As pandemic increases client communication by 25%
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Royal London sells off £14bn Ascentric platform
Firm says it remains ‘firmly committed to the adviser market’ after M&G deal
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Covid-19 deals ‘striking’ blow as UK economy contracts 2%
‘Markets are now putting any last hopes of a v-shaped recovery to rest’
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PEOPLE MOVES: LGIM, Royal London, Aberdeen Standard
Investment manager hires COO, while mutual insurer names group CFO
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Pension freedoms hit £35bn mark on fifth anniversary
‘People have been attracted by the ability to use their pensions like cash machines’
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Aviva tops life, pension and decumulation ombudsman complaints
Firm also received 40 customer criticisms about investments between 1 June and 31 December 2019
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PEOPLE MOVES: HSBC Global Asset Management, Gam, Openwork
Investment firm makes C-suite changes in Asia, while advice network hires former Rathbones chief