13 June 2007
The long and short of it is that Ucits III has opened the way for a new type of investment using pseudo-hedge fund techniques, says Chelsea Financial Services managing director Darius McDermott.
Aegon says IFAs have valuable perspective on client needs that should influence future legislative change.
The world of pensions tried its best to take over Westminster village this week with a number of interesting developments that could have massive implications for the industry.
Is the stage set for a tragedy for many smaller buy-to-let investors who are finding their hoped-for profits soaked up by rising interest rates? By Nicole Blackmore.
Axa Framlington is believed to be lifting the entry restrictions on George Luckraft's £1.1bn equity income fund more than two years after deciding to soft close the vehicle.
Generic advice needs to concentrate on teaching financial skills rather than product recommendations.
Baring Asset ManagementRussia Fund
Platforms are helping to bring much needed transparency to offshore bonds.
Tanya Powley writes on the dilemmas facing homeowners coming off attractive two-year fixed rates.
Many advisers will have been kept fully occupied over recent weeks staying up to date with all the new products and variations to existing products that have been announced.
A flat-out week in mortgages started off with a jolt when Bank of England governor Mervyn King announced on Monday that further increases in interest rates were likely in order to control inflation.
Equity markets Simon Hildrey says the recent Chinese stockmarket falls have not spread to other markets so far but volatility is expected to increase.
Protection and health insurance providers may have to disclose commission paid to advisers following a Court of Appeal case.
Credit Suisse head of European equities Jeff Currington is to leave the firm to persue other opportunities.
Corporate governance is an important yardstick for assessing emerging market companies.
Edeus chief executive Michael Bolton has blasted Portman/Nationwide for its “irresponsible” sub-prime remarks and defended the ability of lenders to use securitisation.
Hopes grew last week that victims of the collapse of Equitable Life could finally receive compensation from the UK Government after a leading MEP involved in the critical European Parliament report suggested the European Commission may step in.
The European Commission could force the Government to compensate up to £4bn to the victims of the collapse of Equitable Life, according to the MEP who wrote the recent critical European Parliament report.
How can we gain public trust when product names can be so misleading?
The FSA is inviting banks to devise a fee-based solution to serving the mass market.
Advisers could be split into two camps entitled ‘professional’ and ‘simple’ in as little as two years if the FSA implements proposals under consideration by the retail distribution review.
Former Thinc Destini board director David Collett meets Money Marketing 15 months after his departure from the group to talk about his ambitions for the home information pack market which he believes will transform prospects for advisers and his analysis of the terms of the Axa takeover. Interview by Sam Shaw.
HM Revenue & Customs is sending out 200,000 warning letters to people over unpaid taxes in their offshore accounts.
HSBC Investments InternationalFoundation Hong Kong Growth Fund
This week in protection the Wilson v Hurstanger court of appeal case has been stirring the waters.
The IMA has rounded on the European Commission's decision to propose a "partial passport" within its Exposure Draft, calling it both unjustified and illogical.
Invesco PerpetualUK Strategic Income Fund
Invesco Perpetual has announced the launch of a US equity benchmark plus fund.
Jupiter and TA Associates have completed the management buyout of Jupiter Group from Commerzbank AG for £740m.
Skipton Building SocietySeven-Year Fixed Rate
Welcome comments on overall remuneration packages appear in HMRC's updated business income manual.
Financial Ombudsman Service chief ombudsman Walter Merricks has been awarded a CBE in the Queen’s birthday honours list.
Meteor Asset ManagementPrima Growth Plan 2
ABI head of health and protection insurance Richard Walsh will leave the ABI at the end of June with ABI Protection Committee chairman Nick Kirwan taking his place.
Bramdean Asset Management's chief executive has been on the road around the UK giving advisers details of her new venture into alternative investment and its aim to open up private equity and hedge funds to the mass affluent. She also has plans to set up a wealth management service for women in the Middle East. Interview by Gregor Watt.
The Department for Work and Pensions has reduced the maximum contribution cap on personal accounts from 5,000 to 3,600 in its feedback to the White Paper consultation.
Pink Home LoansMortgage Trust 2 Year BBR Tracker
Pink Home LoansMortgage Trust Select Stepped Fixed Rate Buy To Let
Two recent High Court cases highlight the £100,000 straitjacket restricting ombudsman decisions, says independent compliance consultant Adam Samuel.
What will the future IFA business model look like?
Premier Fund ManagersPremier Protected Property Plan - Limited Editions No 36
James Phillipps says Helm Godfrey's clash with Selestia highlights the lack of progress that has been made in the industry on the issue of re-registering assets across platforms.
Everyone knows that some tough talking often goes on between fund managers and distributors whether supermarkets, wraps or fund link providers.
Standard & Poor's Fund Services has cast a shadow on the performance of absolute return vehicles by claiming that none of them met their own investment objectives in 2006.
Scarborough Building SocietyFlexible Five Year Fix
Many national newspapers picked up on the recent special commissioner's decision in the Phizackerley case but we believe some conclusions reached may be misleading.
SimplyBiz is starting two companies to create a share ownership scheme for members.
Many partners are being left high and dry without a joint-life annuity.
The contrasting fortunes of Caroline and Gerald illustrate the value of financial advice.
Among the many tasks that are part of my new job, there is that of answering questions raised by users in our forums.
Our panel of experts consider Anthony Bolton's warning of a downturn and their next move on Fidelity special sits.
It was a bad week for Kilminster Financial Management as the IFA firm was stung with a £42,000 fine from the FSA for not treating customers fairly by failing to pay claims promptly.
Why should a potential client pick a financial adviser and a firm to provide them with financial advice opposed to a competitor?
Chris Salih says new green funds from Jupiter and Schroders may have too many grey areas for ethically sensitive investors.
All wrap is doing is making things worse for IFAs, says True Potential managing partner David Harrison.