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News

Investment

McDonald's to use NEST for 35,000 workers

Fast food giant McDonalds will use the National Employment Savings Trust (NEST) for 35,000 hourly-paid workers as part of a two-tier auto-enrolment solution.

clock 31 October 2012 •

Investment

Pru works with bulk-scale providers on 'dual-scheme' AE approach

Prudential is working with the National Employment Savings Trust (NEST) and independent multi-employer scheme NOW: Pensions to provide auto-enrolment packages for its clients.

clock 31 October 2012 •

Regulation

Govt rejects call to wind up Money Advice Service

The government has given its backing to the Money Advice Service (MAS), in spite of growing discontent with the industry-funded operation within Westminster.

clock 31 October 2012 •

Investment

IMA names Daniel Godfrey as Saunders successor

The Investment Management Association (IMA) has appointed the former director general of the AIC Daniel Godfrey to replace Richard Saunders as its chief executive.

clock 31 October 2012 •

Your profession

Barclays facing two fresh US probes

Barclays has revealed it is facing two new US regulatory investigations into its conduct, as part of its third quarter update that also revealed a pre-tax profit of £1.73bn.

clock 31 October 2012 •

Investment

MyFolio range helps lift SLI assets to £80bn

Demand for Standard Life Investments' popular risk-based MyFolio fund range has helped the business grow assets under management to almost £80bn, the company said today.

clock 31 October 2012 •

Your profession

SJP hits recruitment trail after sales jump

Wealth manager St James's Place (SJP) has stepped up recruitment activity ahead of implementation of the Retail Distribution Review (RDR) and on the back of the withdrawal of some advisory firms from the market.

clock 31 October 2012 •

Economics / Markets

Heseltine files 'damning' report on coalition strategy

Former Conservative cabinet stalwart Michael Heseltine is to argue the coalition government cannot continue on its current economic path in a "damning" critique of its growth strategy.

clock 31 October 2012 •

Regulation

FSA tip-offs up 276% since downturn

Incidences of whistle-blowing to the Financial Services Authority (FSA) have increased markedly since the onset of the financial crisis four years ago, figures suggest.

clock 31 October 2012 •

RDR

Aegon unveils RDR-ready adviser charging structure

Aegon has announced its post-Retail Distribution Review (RDR) charging structure and the closure of several of its products alongside an overhaul of its pensions range.

clock 30 October 2012 •
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