Millie
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MoneyMarketing 04/08/2020 03:48
Good morning and welcome to your morning briefing for Wednesday, 8 April, 2020. To get this in your inbox every morning click here. Remember dividends? Keep that image in your mind, because it’s unlikely you’ll see them again for a while. Aviva and Tavistock have become the latest casualties this morning confirming they would cancel […]. .
MoneyMarketing 04/08/2020 03:23
Tavistock Invesment’s top team has agreed to waive a chunk of their salaries as the firm undergoes a “comprehensive strategic review” to cut costs. The manager will not pay a dividend, it confirmed in a trading update this morning. However, it says it needs to go further in light of the current uncertainty, and has […]. .
MoneyMarketing 04/08/2020 03:13
Aviva has become the latest major provider to scrap its final dividend for 2019 in the wake of the Covid-19 pandemic. The insurer announced this morning the board has agreed to withdraw its recommendation to pay the dividend to ordinary shareholders in June 2020. Aviva notes regulators and organisations like the Prudential Regulation Authority have […]. .
MoneyMarketing 04/07/2020 11:11
Determining how long a financial plan has to last is a real challenge for financial planners, due to a number of factors. A well known fact is people are living for longer and according to the ONS, male and female expectancy has increased respectively from 70.8 and 76.8 in 1980 to 79.3 and 82.9 in present day. What’s more, one in five men […]. .
MoneyMarketing 04/07/2020 09:30
The May Day bank holiday has been pushed back this year to Victory in Europe Day (8 May), so the nation can reflect on the end of the Second World War. In 1945 three million service personnel returned from the front lines on VE Day to rebuild their civilian lives. In recognition of this, and […]. .
MoneyMarketing 04/07/2020 09:21
The FCA has delayed new qualifications for pension transfer specialists until 1 October 2021. While the regulator is keen to improve the “quality of pension transfer advice”, it acknowledged the importance of firms dedicating resources to critical functions in the short term to tackle the coronavirus crisis. It says the benefit to consumers now is likely […]. .
MoneyMarketing 04/07/2020 06:56
Around the time of International Women’s Day (I readily admit I write this as a middle-aged, white man), I still think it’s a subject to reflect upon, from a personal point of view at the very least. I am really encouraged to see just how many more women are now in financial planning and paraplanning, […]. .
MoneyMarketing 04/07/2020 05:31
The FCA has said it will “start assessing suitability of decumulation advice” in its business plan for 2020/21. The document published alongside its consultation on levies and fees this morning outlines five priorities for the next one to three years. One priority is to ensure consumers can make effective investment decisions about their savings and […]. .
MoneyMarketing 04/07/2020 03:31
Good morning and welcome to your morning briefing for Tuesday, 7 April, 2020. To get this in your inbox every morning click here. With the absolute chaos going on at the moment, the FCA somehow managed to release its business plan and fees consultation this morning. Unsurprisingly, coronavirus tops the agenda. But there’s good news […]. .
MoneyMarketing 04/06/2020 08:49
Like other platforms, James Hay has had to quickly adapt and make changes to support advisers during the coronavirus crisis. The company’s chief executive tells Money Marketing that he hopes some of the implemented processes will become the new norm for platforms. As the current situation prevents advisers from having face-to-face meetings with clients, platforms […]. .

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