External staff turnover back at 2013 levels
Redundancies at investment management houses will begin to affect front office operations, Hymans Robertson claims.
Standard Life has reacted angrily to press reports this morning claiming the provider is cutting its IFA support staff by a third as "disingenuous and inaccurate".
Outsourcing consultancy Huntswood sees itself taking on some 380 staff following the pilot of its new services to the financial services sector based in Glasgow.
Robin Phipps, Legal & General group director UK, says today's deal with Bradford & Bingley offers an "alternative" business model to the standard multi-tie deals expected from depolarisation.
Legal & General is to offer customers of Bradford & Bingley access to its investment and protection products in a deal that will also see some 200 B&B "wealth advisers" transfer over to L&G.