Money Marketing
19 January 2012
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A dangerous cocktail
19 January 2012
Loose monetary policy mixed with fiscal authority could bring side-effects which are difficult to foresee
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Adviser Fund Index
19 January 2012
While investors are focused on the volatility in equity and fixed-income markets, another factor having an impact on returns may have fallen off the radar.
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Advisers hit out at Which? fee probe
19 January 2012
Advisers have questioned research conducted by Which? following a survey which found a wide disparity between fees quoted for simple transactions.
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Aegon: FSA legacy ban wording will hit advice
19 Jan 2012
Aegon has warned that the current wording of the FSA’s ban on legacy commission will penalise advisers focused on providing ongoing advice
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Alan Lakey: The careless use of language
20 Jan 2012
The careless use of language is in danger of doing us all a disservice.
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Alternative thinking
19 January 2012
Falling annuity rates mean we must consider other options
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Aviva goes for tactical ETF trades during volatility
19 January 2012
The multi-manager team at Aviva Investors has invested in exchange traded funds three times since taking over the reins of the firm’s multi-manager funds last August.
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Bezalel doubles Jupiter fund exposure to banks
20 Jan 2012
Jupiter strategic bond fund manager Ariel Bezalel has nearly doubled his exposure to banks in the last few months.
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Bonham Carter: Industry must get back to basics
23 Jan 2012
Jupiter chief says large cap, dividend paying equities are the key to success in the current deleveraging cycle.
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Bright Grey in plea to renew ABI deal on GP records
20 Jan 2012
Bright Grey is calling on the ABI to try to resurrect an agreement with GPs for insurers to access medical records or risk falling service levels.
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Buy-to-let bounce
19 January 2012
Market conditions are ripe for BTL to start rolling again
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Cazenove opens up low-cost rates
19 January 2012
Cazenove has given advisers access to institutional rates on its multi-manager and equity funds as part of a raft of changes it is making ahead of the RDR.
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Certain uncertainty
19 January 2012
We currently live in a bi-polar world. Investors are faced with a myriad of dichotomies dictating any number of outcomes. Prominent conundrums facing asset allocators in 2012 include the tugs of war between inflation and deflation, anaemic growth and recession and deleveraging and quantitative easing. The “certainty” v “uncertainty” dilemma pervades the whole 2012 investment landscape. Against such a backdrop, we try to take a step back and build our outlook around the “certainties” ...
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Cost is the star
19 January 2012
Past performance is not a guide to the future so concentrate on fund diversity and cost
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Do conflicts cloud platform share schemes?
20 Jan 2012
True Potential’s new share deal for advisers has reignited debate on the potential conflicts of interest that have to be managed as part of such arrangements.
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Domestic appliance
19 January 2012
Markets were fixated by shortterm events in 2011, creating significant stockmarket volatility. We believe that for those investors prepared to take a longerterm investment, this creates some potentially attractive opportunities for 2012 and beyond.
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Europe crisis sees Apollo look to Asia
19 January 2012
Apollo Multi-Asset Management is more optimistic about the global economy this year but warns of the potential for market corrections due to the uncertain outlook.
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Friends will pay out after annuity error
19 January 2012
Friends Life has agreed to pay an extra £575 a year to an annuitant after an adviser complained that the firm contacted his client directly and sold them an annuity lower than they could have gained from shopping around.
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FSA board not culpable over RBS, says Walker
24 Jan 2012
Sir David Walker says FSA was a victim of ’wholly wrong’ mindset that markets had dealt with risk and were rational.
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FSA contests court ruling
20 Jan 2012
The FSA has lodged its appeal against a decision to reject a bid to quash a case brought by a retired IFA who is suing the regulator for harassment.
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FSCS funding review set for more delays
20 Jan 2012
European institutions put the investors compensation scheme directive on hold as they cannot reach agreement in key areas.
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FSCS gets 24 claims against Ucis firm fighting ban
20 Jan 2012
The FSCS has received 24 claims against an adviser firm which is appealing against an FSA ban over the misselling of Ucis.
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Fund managers shop around for value in troubled retail sector
23 Jan 2012
Concerns over a number of high-profile businesses going into administration and profit warnings have left fund managers wary of the retail sector.
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Gay was lured by 'exciting' job with the ABI
19 January 2012
Aifa director general Stephen Gay says he could not turn down the “exciting” opportunity to join the Association of British Insurers as director of life, savings and protection.
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Higher and lower
19 January 2012
Reseach indicates that higher rates of tax can reduce the overall take as people look at reduction tactics
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Ian McKenna: Apps for financial advice
23 Jan 2012
A look at some of the apps available to aid financial advice.
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IFAs face two-pronged attack over Keydata
24 Jan 2012
Robert Viney says IFAs are under an unprecedented attack from both the FSA and FSCS.
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IFS offers level 4 exam for mortgages
20 Jan 2012
The Institute of Financial Services is offering a new level four qualification for mortgage brokers.
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Intelliflo launches new client portal
19 Jan 2012
Intelliflo is launching a new portal to allow clients of IFAs to analyse their investments and carry out basic transactions.
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Kevin Duffy: MMR may choke off recovery
20 Jan 2012
Kevin Duffy says the MMR may choke off a recovery if economic conditions are not improved before its implementation.
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L&G wants absolute return sector axed
20 Jan 2012
Legal & General Investments managing director Simon Ellis has called for the absolute return sector to be abolished.
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Labour calls for retirement income review
19 Jan 2012
Industry experts suggest a Government review of GAD rates could be extended to look at reforming income drawdown rules.
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Lack of opt-out data could hide coercion
19 Jan 2012
Work and pensions select committee chair Ann Begg has raised concerns over employers not having to provide auto-enrolment opt-out rates to The Pensions Regulator.
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Liquid asset
23 Jan 2012
Gilts in Old Mutual’s bond fund give liquidity and boost growth
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Living Time set for return to retirement
19 Jan 2012
Living Time is to return to the retirement market in the first quarter of this year.
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Lock in protection now for pensions
19 January 2012
Colin Batchelor, head of pensions technical at Legal & General Savings, says pension plans could be hit badly unless some tough choices are made quickly
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Martin Currie: The case for sustainable investment
19 January 2012
Andrew Ness, global emerging markets investment manager at Martin Currie, explains why environmental, social and governance analysis have a vital role in assessing investment decisions
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Miliband attacks pension and bank charges
18 Jan 2012
Ed Miliband ready to push for charges cap and wants regulator to have power to intervene over bank charges.
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MM Leader: What next for Aifa?
19 Jan 2012
It was not the biggest surprise in the world to see Aifa director general Stephen Gay quit after just over a year in charge
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MM Profile: Steve Groves
19 January 2012
Partnership’s chief executive believes the impaired annuity sector is the growth market for the future and says widespread adoption of risk-scoring will also benefit the company’s long-term care and equity-release business Interview by Rachael Adams
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Mott and White boost oil stocks as prices stay high
20 Jan 2012
Income fund managers Bill Mott and Chris White have been adding to oil stocks in their portfolios
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MPs' corporate governance probe will target fund managers
20 Jan 2012
The Treasury select committee will launch an inquiry into corporate governance, part of which will focus on the role of fund managers.
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Names touted as Gay successors at Aifa
19 Jan 2012
Rob Sinclair, Keith Richards and Jim Reeve are all touted as potential successors.
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Nic Cicutti: Aifa is in a critical state
19 Jan 2012
Nic Cicutti says time is fast running out for the trade body.
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Nucleus: Look out for Ryanair pricing
23 Jan 2012
Terry Huddart, technical communications manager at Nucleus, asks why platforms can impose sky-high admin charges while there is a furore over air-lines which charge comparitively low transparent fees
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On average
19 January 2012
We need stability to restore the faith of the average customer
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One-way bet for consumers
19 January 2012
The immediate pre-Christmas period is traditionally a time when trading activity is reduced and time is found to entertain, amuse and bond with colleagues and clients alike. Among all this mayhem, there is a distinct risk that the latest FSA consultative missive may have been overlooked. If so, there is an urgent need to review what is being proposed, determine how it may affect our businesses and ensure that relevant views are expressed to the FSA before the March closing date for comment.
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Osborne denies UK damaged by euro treaty snub
20 Jan 2012
Chancellor George Osborne denies that the UK Government’s refusal to back treaty will damage British influence over European financial regulation.
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Out of Context
19 January 2012
“It was like the start of a Beyonce concert - all the lights went down because everyone was rushing to sign up.”
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'Overhaul FCA objectives'
19 January 2012
The Financial Conduct Authority’s proposed objectives need overhauling to avoid unnecessary complexity and perverse consequences, according to the Treasury select committee.
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Pension reciprocation schemes launch appeal
19 Jan 2012
The trustees of six pension schemes used for pension reciprocation have launched an appeal against the High Court’s ruling that the arrangements are illegal.
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Pension Regulator warns charges cap will deter new entrants
19 Jan 2012
The Pensions Regulator has warned against a cap on pension charges, saying it would limit new entrants into the market.
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Platforms planning to add trusts
20 Jan 2012
Cofunds and Fidelity Funds Network are both planning to make investment trusts available on their platforms in the run-up to the RDR while Skandia sees their introduction as less of a priority.
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Sanlam backs off Sipp deals over cap ad and charges
19 Jan 2012
Sanlam says fixed charging structures for esoteric investments in Sipps will hold back consolidation.
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Skipton opts to hold on to HML
19 Jan 2012
Skipton Building Society has taken its mortgage servicer subsidiary HML off the market.
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Software firms pledge to meet deadline
19 Jan 2012
Software companies designing products to help firms comply with auto-enrolment rules have told The Pensions Regulator they will be ready for the start of the scheme later this year.
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Surveyors value verdict
20 Jan 2012
A High Court judge’s decision in a contributory negligence case between GMAC-RFC and Countrywide Surveyors could ease pressure on a fragile surveying sector.
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Thames River backing equities
19 January 2012
Thames River Multi-Capital is wary of last year’s best-performing sectors.
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The turning point
23 Jan 2012
This is the time of year when investors should be looking forward to the year rather than dwelling on last year’s trials and tribulations. The trouble is we tend to be conditioned by what has happened in the past and what is going on around us at the time. Achieving clarity of thought in such conditions is far from easy, which is why investors are too often on the back foot when it comes to identifying turning points.
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Threat of two-tier system as EU says DC escapes gender ruling
19 Jan 2012
The Government could have to introduce separate gender equalisation legislation for occupational pension schemes after the European Commission confirmed they would not be covered by the Test-Achats ruling.
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Tom Baigrie: Maths for the real world
24 Jan 2012
Tom Baigrie on improving levels of financial education.
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Trade bodies must back up complaints
19 January 2012
The Treasury select committee is calling on trade bodies to be more vocal about problems they see with regulation and to justify any proposed alternatives in terms of benefits to consumers.
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Trust service launches with neutral rating for Bolton
19 January 2012
Morningstar has set up a new investment trust rating service with its first set of research seeing Anthony Bolton’s high-profile China special situations trust given a neutral rating.
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TSC: More accountability will mean better regulation
19 Jan 2012
The Treasury select committee has called on the Government to increase the accountability and transparency of the new financial conduct regulator.
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Which? is out of touch with price comparisons
19 January 2012
EDITOR’S COMMENT OF THE WEEK




