UK - A directory containing information on almost 30,000 financial intermediaries has been released by Matrix Data.
The 14th annual Matrix Directory of Financial Intermediaries 2004 also includes contact addresses for 11,300 head offices and 2100 branch offices. It details each intermediary’s specialisations, covering 100 product types and includes market information and research.
Sales director Bob Clitherow said: “Our ongoing research will ensure that Matrix Data will remain an essential source of information on the financial intermediary market.”
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.