Latest News - Jun Merrett
Nucleus operating profits surge as assets hit £7bn
Nucleus has boosted its operating profits by 85% to £1 million which it put down to growth in assets and low costs.
Phoenix forecasts £57m hit on profits as gov't pension plans bite
Phoenix has forecasted a £57m drop in future profits due to the Budget and charge cap plans.
Strewth! Aussie advisers face whopping redress bill
If you thought UK advisers had a bad reputation, then spare a thought for your Australian counterparts.
FCA bans former mortgage adviser
The FCA has banned former mortgage adviser Abdul Razzaq.
Ex-Honister IFA jailed for stealing £85k from clients
A financial adviser has been jailed for five years for theft.
FSCS declares 28 advice firms in default
The FSCS has declared 28 advice firms in default.
BoE develops plan B for independent Scotland
The BoE has developed contingency plans in the event of Scotland becoming independent.
Woodford could net £2m from tech firm buyout
Neil Woodford could scoop £2m from one of his investments as Daisy Group looks for a sale.
Partnership eyes drawdown product as annuity sales fall 50%
Partnership is looking to launch a drawdown type product following a drop in annuity sales after the Budget.
Aegon life sales fall but platform picks up performance
Aegon UK has seen a 28% increase in its underlying earnings to £26 million in the second quarter of 2014.