Industry
Old Mutual sells majority stake in Nedbank
Old Mutual will reduce its 54% stake in South African lender Nedbank to 19.9% as part of its ongoing plans to restructure and separate its business.
Latest news | 1 Nov 17
‘Unfair’ pension freedom tax refunds hit £262m
HM Revenue & Customs has had to repay more than £262m to consumers that were charged emergency tax since the launch of the pension freedoms in 2015.
Latest news | 1 Nov 17
Generali Worldwide debuts DFM move in Brooks Macdonald tie-up
Generali Worldwide has formed a partnership with Brooks Macdonald to offer advisers and their clients a discretionary fund management service to sit alongside its life product offering for the first time.
Best Practice | 31 Oct 17
Five big factors in the £1.27bn UK wills, probate and trusts market
Fragmented and largely unregulated, the UK wills, probate and trusts market was worth £1.27bn last year, but this is set to grow, according to market research company IRN Research.
UK compensation scheme warns of Russian scam
UK consumers have been warned to avoid a Russian website claiming to be a subsidiary of the Financial Services Compensation Scheme (FSCS).