// July 2020

01 Jul 2020 What the FCA thinks about pension transfers

The regulator published its much-anticipated policy statement PS20/6 (date) and guidance consultation GC20/1 on defined benefit transfer advice. Most of it will be unsurprising to industry, as much had been mooted prior to its publication, but it does bring some additional clarification what constitutes suitable advice for DB transfers. PS20/6 and GC20/1 build on two previous policy statements on DB transfer business. The guidance consultation ends in October.
Read the Article

27 May 2020 M&G gets the keys to Ascentric

After a couple of months of speculation, M&G has reached an agreement with Royal London to purchase its platform, Ascentric. The deal, subject to FCA approval, brings £14bn of assets and over 90,000 clients to the M&G, in what seemed at first like an oddly timed move.
Read the Article

03 Feb 2020 We need to talk about bad press…

Hargreaves Lansdown published its interim results on Friday. Chris Hill, CEO, stated that the platform will be introducing changes to its research process with the aim of providing more detail and greater transparency. There will also be new functionality for customers who want a deeper, more autonomous dive into fund research.
Read the Article

27 Jan 2020 Chinese New Year

The first day of the Chinese New Year, also known as the Spring Festival or the Lunar Near Year, fell at the weekend on Saturday 25 January. It also heralded the start of the year of the Rat, the first in the 12-strong Chinese zodiac.
Read the Article

20 Jan 2020 Ticking along nicely?

Ethical, responsible, sustainable, eco-friendly, green. The last few years has seen a dramatic rise of these buzzwords across all products and sectors. The public is far more conscious about its impact on the world. As a result, companies are keen to be, or at least perceived to be, as responsible and doing their part to improve the environment and society at large.
Read the Article
SIGN UP TO OUR NEWSLETTER

Want to be kept informed of Fundscape news, views and developments? sign up to our newsletter.

Send this to friend