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Dec 10, 2024 | 
moneymarketing.co.uk | Dan Cooper |Momodou Musa Touray |Tom Redmayne |Victoria Ross
UK investment platform and pension provider, TILLIT is calling on the government to raise minimum pension contributions to tackle Britain’s looming retirement crisis. Chancellor Rachel Reeves has previously initiated discussions about increasing contributions inspired by the Australian system, yet no changes have been made. While Australia requires employers to contribute 11.5% into workers’ pensions, the minimum contribution rate in the UK is 8% and only 3% must come from the employer.
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Dec 10, 2024 | 
moneymarketing.co.uk | Tom Browne |Alan Lakey |Victoria Ross |Dan Cooper
Good morning and welcome to your Morning Briefing for Tuesday 10 December 2024. To get this in your inbox every morning click here. Insurers must better engage with advisers on protection products, survey findsA recent survey of 112 wealth advisers, conducted during the launch of the Consumer Duty Alliance (CDA) Protection Forum, has highlighted a critical need for insurers to better engage with advisers on protection products.
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Dec 5, 2024 | 
moneymarketing.co.uk | Phil Jeynes |Tom Redmayne |Victoria Ross
Artificial intelligence (AI) is the latest buzz phrase to captivate businesses and send boards into a frenzy. Headlines on the subject vary from the alarming, “AI will take your job next week” to the optimistic, “AI will solve climate change and allow humans to sip cocktails in their temperate paradise while it does all the work”.
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Dec 4, 2024 | 
moneymarketing.co.uk | Catriona Standingford |Victoria Ross
We spend a lot of time focusing on celebrating when someone passes their financial services exams – and rightfully so. But what about when someone doesn’t pass? In today’s world where social media is flooded with success stories, it can seem like everyone is succeeding except you. But rest assured, that’s not the case. Here, I want to look at ways candidates can use their exam experiences for positive outcomes in the future. The first thing to say is don’t beat yourself up.
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Dec 3, 2024 | 
moneymarketing.co.uk | Dan Cooper |Victoria Ross |Dan Wiltshire
Legal & General Retail has revealed its annuity sales have reached an all-time high of £2bn so far this year. This milestone is reflective of a resurgence in annuity purchases across the market. The Association of British Insurers has reported a 50% increase in sales in the first half of 2024, compared to the same period the year before. L&G’s sales are up 55% compared to the same week in 2023.
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Dec 3, 2024 | 
moneymarketing.co.uk | Victoria Ross |Danby Bloch |Paul Morrish
I’ve read quite a few opinion pieces recently on the benefits of being a smaller company in the financial planning space. Having started my advice career at a smaller firm with 10 employees and now being part of an international company with a headcount significantly higher, I’ve gained valuable experience from both and feel well positioned to provide a balanced view. Small can be beautiful A benefit that small companies share across many industries is having all your employees in one room.
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Aug 13, 2024 | 
moneymarketing.co.uk | Victoria Ross
Every once in a while, a deal comes along which could shake up not just a company, but a whole market. After a string of rejected takeover bids, Hargreaves Lansdown has finally accepted an offer from private equity consortium owned by Harp Bidco, valuing it at around £5.4bn. This is one of those deals. The offer provides an immediate cash value to HL shareholders at a significant premium of 54.1% over the pre-announcement share price.
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Aug 6, 2024 | 
moneymarketing.co.uk | Dan Cooper |Victoria Ross
Good morning and welcome to your Morning Briefing for Tuesday 6 August 2024. To get this in your inbox every morning click here. Abrdn sees fall in revenues as hunt for new CEO goes onAbrdn has seen revenues fall by 7% as its hunt for a new CEO to replace Stephen Bird continues. However, assets under management and administration (AUMA) rose by 2% to £505.9bn, from £494.9bn during the same period in 2023.
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Aug 2, 2024 | 
moneymarketing.co.uk | Amanda Newman Smith |Darius McQuaid |Alistair McQueen |Victoria Ross
It was deeply moving for me to be part of the 75,000 Wembley crowd singing along to Green Day’s ‘Wake me up when September Ends’ last month. This year marks the 20th anniversary of the US band’s ‘American Idiot’ album, on which this song appears – and 20 years since my dad’s death. ‘Wake me up…’ has a special place in my heart because it is about the loss of a father.
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Aug 1, 2024 | 
moneymarketing.co.uk | Victoria Ross |Roger Edwards
The Verve Foundation has opened applications for the next cohort of its We Are Change and Adviser Incubator programmes. The We Are Change programme is designed to provide fully funded training and qualifications to those looking to start a career in finance. The scheme offers regular workshops, mentoring and support for trainee advisers alongside their studies.
