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A tsunami is usually defined as a natural disaster. By contrast, the tsunami of tributes and messages of condolence that has engulfed the world of financial services this week, in response to the passing of Mike Morrison on 6 November, is a natural expectation.
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The Treasury says that a further 26 companies have signed up to the Women in Finance Charter, including Old Mutual Wealth, Allianz, the Bank of England, Deloitte and Tesco Bank - increasing the number of employees covered by the Charter to over 600,000.
The PLSA has welcomed news that the Government is set to publish draft legislation to ban pension cold calling - including texts and emails - in early 2018.
AMPS has paid tribute to leading Sipps commentator and former AMPS chairman Mike Morrison, head of platform technical at AJ Bell, who died unexpectedly at the age of 55 earlier this week.
Customers of the Financial Planning arm of London-based PK Group will be able to manage their own assets, including SIPPs, via an automated platform and gain access to previously unavailable products.
The Bank of England has today increased its base rate by 25 basis points from 0.25% to 0.5% - the first increase for 10 years.
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