UK banking group eyes £100bn pension and investment arm
It also plans to launch a robo-adviser and bolster its Sipp operation
Scottish Widows
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‘Never too late’ to boost retirement savings
As financial services firms launch pension tracing initiative
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PEOPLE MOVES: Aviva Singlife, Square Mile, Hawksford
Singapore life insurer names group CIO, while investment director leaves research house
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Lloyds investment clients to wait 12 years for reduction in fees
Value assessments deem 1.24% fund fees too high
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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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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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Over a third of self-employed women in UK save nothing
Majority of these entrepreneurs who do not put money aside earn below £20,000 a year
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Scottish Widows wrong to charge client for Qrops transfer
Firm will also give him money for ‘trouble caused’
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Is pension recycling just a load of rubbish?
While you could take advantage of a tax loophole, the losses could be bigger than gains
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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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FCA drops investigation into Scottish Widows
There is “insufficient basis for taking any enforcement action” against Scottish Widows following a review of the firm’s fair treatment of longstanding customers, the Financial Conduct Authority announced on Tuesday.
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Scottish Widows ‘surprised’ by Standard Life Aberdeen challenge
Scottish Widows says Standard Life Aberdeen is a clear and material competitor and it, therefore, has the legal right to terminate its investment management agreement with the firm.