The Week in Numbers – 3rd November

The Week in Numbers – 3rd November 2015blue news

44% – Year-on-year rise in pension investment inflows reported by St James’s Place in the third quarter , from £430m to £620m

0.5% – Growth in UK GDP in the third quarter, according to estimates from the Office for National Statistics

£15.4m – Redress that payday lender Dollar Financial UK will pay to over 147,000 customers after reaching an agreement with the FCA

£204k – salary of MAS corporate services director Lesley Robinson in 2014/15. Robinson is leaving the organisation to join MDL Marinas

£150m – Year-on-year rise in investment-linked bond sales recorded by LV= in the first nine months of 2015, from £98m to £248m

70% – Proportion of 500 adviser websites surveyed by Which? that do not publish their charges online

£474.6bn – Amount wiped off the assets of some of the UK’s largest fund managers in the wake of the China crisis in the third quarter

£452.6m – Total amount lent through equity release products during Q3, £68.3m more than the previous quarter – the biggest quarterly rise in 11 years.

 

Quote of the week: “They need to put the fire out first before repainting the hallway” – Cazalet Consulting chief executive Ned Cazalet on the need for platforms to address immediate regulatory challenges before tech upgrades.

 

Originally published in Money Marketing Magazine 29th October 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.