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Latest News - Jack Gilbert

Aviva launches PruFunds rival

The fund is targeting 5% above the Bank of England base rates.

L&G sells off with-profits division in £650m deal

Swiss Re has bought L&G’s Mature Savings division including the closed with-profits fund.

Scrap LTA for patient capital investment, gov't told

High earners could be allowed to break the lifetime allowance or the annual allowance on pension saving in order to save

Welsh adviser to shut over 'unsatisfactory' DFM investment

FCA asks firm to restrict permissions over 'unsatisfactory' DFM recommendations.

HMRC hands back £37m in overpaid pension tax

HMRC pays back £37m in overpaid tax on flexible pension withdrawals over the past three months.

FSCS investment claim cap rises to £85k

The changes will mean consumers can claim £85,000 from a failed advice firm, £35,000 more than previously.

FCA weighs action on non-standard Sipp investments

Regulator asks Sipp firms for more information on the DFMs they are working with.

Lloyds strikes deal for £19bn Zurich pension arm

Lloyds has bought Zurich's £19 billion workplace pension business.

Troubled DFM hires claims firm to shift blame on IFAs

Beaufort Securities directs its ‘valued’ clients to put in claims against advisers over suitability concerns.

Wealth firm with £1.8bn ambition to be wound up

Westbury Private Clients, which was founded by former Duncan Lawrie banker James Goodchild, has gone into liquidation.