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2 weeks ago | 
moneymarketing.co.uk | Kimberley Dondo |Tom Browne |Victoria Ross |Salome Asabre
In this Weekend Essay, Amanda Newman Smith reveals why even those working in financial services can overlook the value of protection insurance — and what this means for how the industry communicates the importance of cover. Listen now.
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2 weeks ago | 
moneymarketing.co.uk | Momodou Musa Touray |Salome Asabre
UK insurer The Exeter paid out £61m in claims across its health, income protection and life insurance products in 2024, according to its latest claims statistics. The mutual, which supports members during illness or injury, revealed it paid £41.8m in health insurance claims and £17.7m in income protection and life insurance claims, including terminal illness. The Exeter paid 90% of all new private health insurance claims last year.
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2 weeks ago | 
moneymarketing.co.uk | Momodou Musa Touray |Darius McQuaid |Salome Asabre
The Financial Conduct Authority has unveiled the final rules for its Private Intermittent Securities and Capital Exchange System (PISCES), a new private stock market platform set to launch later this year. The move aims to open fresh avenues for investors and private companies alike, facilitating liquidity and growth in the UK’s expanding private company sector.
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3 weeks ago | 
moneymarketing.co.uk | Dan Cooper |Kimberley Dondo |Salome Asabre
Good morning and welcome to your Morning Briefing for Tuesday 3 June 2025. To get this in your inbox every morning click here. ‘Sleepwalking into retirement’Despite the success of auto-enrolment, people are still sleepwalking into retirement, pension experts have warned. New figures released by the Pensions and Lifetime Savings Association (PLSA) today (3 June) reveal the cost of a ‘minimum’ standard of retirement for a one-person household has actually fallen by £1,000 to £13,400 per year.
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1 month ago | 
moneymarketing.co.uk | Darius McQuaid |Momodou Musa Touray |Salome Asabre
Aberdeen has announced “with deep sadness” the death of its non-executive director Michael O’Brien. O’Brien passed away unexpectedly on Saturday 24 May. He joined the Aberdeen Board in 2022, serving on both the group audit committee and the group risk and capital committee. Aberdeen chairman Sir Douglas Flint said: “Our deepest condolences go out to Mike’s family and friends.
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1 month ago | 
moneymarketing.co.uk | Darius McQuaid |Momodou Musa Touray |Tom Browne |Salome Asabre
The quality of the emerging market (EM) universe has improved “dramatically”. This is what Ninety One co-head of EM sovereign & FX Grant Webster said today (21 May) at a roundtable event. Webster added that positive outlook outweighs negative two to one in the EM space. He does admit that 10 to 12 years ago, EMs did look “terrible” but this has changed significantly. Ninety One chief sustainability officer Nazmeera Moola added that the interest in EMs is much higher than it was a year ago.
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1 month ago | 
moneymarketing.co.uk | Darius McQuaid |Yasmina Siadatan |Nic Cicutti |Salome Asabre
A new report has outlined what government reforms are required to unlock the private banking and wealth management (PBWM) sector’s “full potential”. The report was released by the Personal Investment Management & Financial Advice Association (PIMFA), UK Finance and KPMG UK today (20 May). The ‘UK Private Banking and Wealth Management: Harnessing the Sector to Deliver Economic Growth’ report outlines four key pillars of reform needed.
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1 month ago | 
moneymarketing.co.uk | Darius McQuaid |Faith Liversedge |Momodou Musa Touray |Salome Asabre
Brooks Macdonald has announced the appointment of Karen Charlery as chief operating officer (COO) effective from 23 June. She replaces Gavin Neilson, who has been interim COO since August 2024. Charlery brings over 20 years of experience in the financial services sector and was most recently deputy COO and EMEA head of regulatory change at BlackRock. Brooks Macdonald CEO Andrea Montague said: “I am delighted to welcome Karen to Brooks Macdonald and to my Executive Committee.
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1 month ago | 
moneymarketing.co.uk | Dan Cooper |Kimberley Dondo |Momodou Musa Touray |Salome Asabre
Quilter has today (15 May) announced its WealthSelect Managed Portfolio Service (MPS) has exceeded £20bn in assets under management (AUM). Launched in February 2014 with active and blended portfolios, WealthSelect was introduced to help financial advisers outsource day-to-day portfolio management duties such as asset allocation and fund selection.
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1 month ago | 
moneymarketing.co.uk | Darius McQuaid |Salome Asabre
AXA Investment Managers (AXA IM) has adopted the Sustainability Improver label for the AXA Carbon Transition Global Short Duration and the AXA Carbon Transition Sterling Buy and Maintain Credit funds. The two carbon transition strategies are the first fixed-income funds to adopt a Financial Conduct Authority (FCA’s) Sustainability Disclosure Requirements (SDR) label, which AXA believes underscores its position as a “fixed income ESG powerhouse”.
