UK - IFA Destini has acquired Lifeboat Financial Group's assets in a last-minute rescue bid for the beleaguered firm.
Destini will take on Lifeboat’s staff and infrastructure, including compliance, management, administration, marketing and sales.
The deal will secure jobs for Lifeboat staff and Destini has agreed to pay commissions owing. The acquisition will boost Destini’s turnover by £10m to £30m a year.
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.