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
Originally published in Money Marketing magazine, 7th May 2015
