News
Nelsons set to issue formal claim against Link in Woodford case by year end
Leigh Day in “final stages”
SJP receives scathing open letter from shareholder criticising 'bloated organisational structure' and 'excessive pay'
Suggests reducing adviser operating expenses
Two-in-three DB sponsors issue profit warnings in 2020
90% relate to Covid-19
FCA censures Aviva for 2018 misleading market announcement
Cost Aviva £7m
MP responds to adviser worries over sophisticated 'Prudential' scam
Contacted Minister for State and Security
Sanford DeLand pulls Buffettology Smaller Companies IPO after failing to meet £100m minimum
New trust ‘received a broad level of support’
Three things your client may call you about this week ...
'Negative interest rates already here'
L&G sells £5.8bn retail back-book to Fidelity
Comprises c.300,000 customers
Last chance to sign up for PA's ESG Masterclass
27 and 28 October
Chancellor expands furlough scheme for businesses
Starts beginning of November
Good News Bulletin
Challenging times like these alongside an awful lot of negative news might leave us feeling a little down and so PA has put together a list of some of the good news from this week.
The tricky triple lock and Chase de Vere's ombudsman run-in
It's The Pro Adviser Podcast
PA360 Digital: High-quality businesses 'likely winners' in post-Covid shock economy
‘What goes down must come up’
Aegon study highlights impact of fund fees and complexity on returns
Passives fare better than active funds over long term
UK investors lose track of £5.3bn worth of investments
Fifth of adults have lost or unclaimed assets
Walker Crips hires Chartered financial planner from Tilney
James Bonarius joins
Jackie Lockie to leave role as head of financial planning at CISI
Replacement yet to be found
Hargreaves Lansdown remains slowest on pension transfers - Origo
NFU Mutual the fastest
Openwork: People who have lost finance jobs should retrain in advice sector
150 trained in 2020
AJ Bell reports strong financial year driven by platform business
D2C growth particularly strong
Insistent client DB transfer ends in FOS complaint against Chase de Vere
Transfer did not proceed
Struggling GAM reports more outflows
Expects market to 'remain volatile'
State pension to rise 2.5% with triple lock in 2021/22; lifetime allowance up 0.5%
2.5% widely expected
