Lloyds financial planning business set for £50bn expansion
In a major push to expand into the financial planning and retirement industry, Lloyds Banking Group is looking to increase its open book assets in the sector by more than £50bn ($69.9bn, €56.5bn) by 2020, according to the company’s 2018 strategic plan.
Can Europe maintain its stellar 2017?
Recent statistics from Eurostat showed that the European Union economy expanded at its fastest rate for 10 years in 2017, registering a 2.5% increase on the year before.
Ex-Platforum head signs Fidelity and Bravura to own consultancy
Former Platforum head Heather Hopkins has launched a research and consulting business.
Incoming FCA chair admits using tax avoidance scheme
The next chair of the UK’s Financial Conduct Authority said he made an “error in judgement” when he used a tax avoidance film scheme promoted by Ingenious, a firm that has lost several court battles against HM Revenue & Customs.
Leading industry figures respond to the cryptocurrency mania
As cryptocurrencies grab headlines with sky-high valuations, governments and the financial industry remain split over how to respond.