BlackRock, JP Morgan Asset Management and Schroders are among the firms vying for a £109bn investment contract put up for tender by Lloyds Banking Group, having made it through to the second round of bids.
In February Lloyds announced it would withdraw £109bn of assets managed by Standard Life Aberdeen (SLA) for Scottish Widows since 2014 on the grounds of competition between the insurers. Following a...
As head of distribution
‘Misconduct is misconduct’
Ramifications for advice firms
Calling for new advisers to join
Falls to 2.4%