FCA lays out plans for traffic light ratings of DC pensions
Schemes to be rated red, amber or green on their performance
News
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L&G Asset Management profits drop 14% following strategy shakeup
The fees involved with merging its investment management and capital divisions proved costly, weighing on its half-year results
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Aegon says advised clients still facing tough times despite inflation drop
Researchers found 33% have received an increase in queries from clients since 2021
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Schroders and Benchmark launch adviser guides on great wealth transfer and female financial planning
The firm found 63% of advisers concerned about wealth transfer
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Quilter sees 164% increase in core net inflows in H1 2024
Company also achieved a 28% increase in adjusted profit
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Rathbones rolls-out Iress Xplan in financial planning unit
Xplan will also be used for integration with Investec Wealth & Investment
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Quilter adds four more firms to advice network
Dundee-based Andy Caterer Wealth Management among the new firms
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Square Mile: Bond funds feature heavily in July ratings update
Seven of the 11 funds re-rated had a fixed income mandate
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Fidelity International strikes £29m adviser platform software deal
Sonata underpins Fidelity’s adviser platform
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Calastone: UK equity fund outflows slow
Equities see a net £2.19bn in inflows
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ARC: Positive gold sentiment not reflected in portfolio weightings
Three quarters of wealth managers have under 2.5% gold exposure
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Quilter Investors adds alternatives to passive fund range
Addition of Goldman Sachs Absolute Return fund is a first for the Cirilium Passive Portfolios