The Week in Numbers – 13th May

The Week in Numbers

12m – Number of actions taken by MAS users in 2014/15 – far higher than the organisation’s 4.5 million target

1% – cashback offer for first-time buyers launched by Halifax this week

8 – Number of advice firms issued with Section 166 reports (also known as a skilled persons report) by the FCA in relation to insistent transfers

£11bn – Outflows seen by Aberdeen Asset Management in the six months to the end of March

11% – fall in profits reported by Lloyds for the first quarter after it took a £660m hit following the sale of TSB

£4.1m – Price paid by advice consolidation firm AFH financial to acquire national firm Independent Financial Services (UK)

65% – Proportion of 55 to 64-year-olds who are not aware of changes to pension death tax rules, a survey commissioned by Old Mutual says

£1.4bn – Annual slump in retail fund sales in March, according to the IA

lit up city

Originally published in Money Marketing magazine, 7th May 2015

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Nikki joined Recruitment Connection in 2014 and undertakes industry research to provide relevant articles, information and writings for our blog.