Mark Dampier is retiring from Hargreaves Lansdown at the age of 64.He had a key role in building what is a FTSE 100 business though it is likely the most recent few years are not among his favourites.
Citywire's coverage notes recent difficulties regarding the decision to keep backing Neil Woodford and maintaining him on best buy lists as others deserted the manager.
James Hay has had the payout on a pension transfer delay increased significantly after the High Court ordered the Pension Ombudsman to revisit its original decision.
The FSCS has hit the £20 million milestone for payments concerning LCF.
The average DB pension transfer valuation from schemes administered by consultants LCP has reached £556,000.
FOS has ordered advice firm, the Online Partnership to pay compensation for transferring a client not deemed sophisticated into a rage of UCIS within a Sipp including palm oil, overseas property and store pods. The firm faces a range of other challenges from former clients.
Rishi Sunak is mulling a series of tax rises amounting to as much as £30bn as CityAM reports. but in the Sunday Telegraph Tory MPs warn such actions could choke off the recovery.
Schroders fund managers Tim Creed and Ben Weeks, who took over the Patient Capital Trust run by Neil Woodford insist they will not be forced sellers. The fund is now named the Schroders UK Public Private trust. Certainly a lot of changing of the guard.
