Schroders has closed Joanna Shatney’s Schroder US Alpha Plus fund after it attracted less than £7m in assets in two years.
Fund manager is leaving to take break from the industry.
Resignation sees Davies leave with immediate effect following 15 years with the firm.
Platform says it will not be seeking to recover £10,000 trail already paid.
Firm say they are moving away from charging on a percentage of client assets basis.
Capital Economics wants scheme shelved to cool housing market.
IFA Centre, Apfa, and the PFS argue a full review of the RMAR is still needed.
Skandia head of wealth planning Colin Jelley says trusts are still attracive for IHT planning despite changes.
Advisers feel the cost of their service has become too high for some clients’ needs.
Michel Canoy is to leave the firm at the end of January.
Watling to become product marketing director at Altus
Research from The Platforum preducts average panel size will drop from the current average of 115 funds.
Fund manager says it has its “eyes open” for potential deals, and is ongoing talks with one advice firm.
Low level of sales since the RDR have led to L&G closing its with profits bond to new business.
Prices have risen for 10 consecutive months but still 12% below August 2007 peak.
The continued strong performance of medium-sized businesses in the economic recovery has resulted in mid-caps dominating the IMA UK all companies sector, says James Smith
How are bond funds reacting to the equity bull run?
Government is meeting lenders next month in a bid to boost long-term tenancies.
The growth of risk-rated, multi-asset funds means that it has become increasingly important to put in place a robust due diligence process, says Andy Gadd.
The demise of final salary pension schemes mean more and more clients will have to adopt a piecemeal approach to providing retirement income, using a combination of state benefits, personal pensions, savings and investments and property.
This year saw the UK economy return to growth, with the OECD now predicting GDP growth of 2.4% in 2014. Three fund managers give their outlooks for UK equities.
Advisers need to be able to keep on top of clients’ income tax liabilities to ensure they get the best possible advice.
From their origins as welfare providers, friendly societies have always had a more personal approach to financial services and although they are having to adapt to the modern world this approach is paying off.
Investors say some areas of the tech sector show “bubble-like characteristics” while others offer fresh opportunities and value.
As the era of low interest rates comes to end, politicians will have to deal with the fallout from higher mortgage costs.
After years with little progress in closing the protection gap, auto-enrolment could offer a chance for real progress.
With its constant tinkering with the rules for auto-enrolment, is the DWP undermining the chances of auto-enrolment working?
I cannot promise we will get rid of reporting altogether. But what I can promise is we will continue to listen to your concerns.
The disparity between the burden of regulation for investment advice and the low oversight of gambling or payday lending needs to be addressed.
An encounter with the FCA shows why adviser firms, particularly smaller firms, need streamlined approach to regulatory reporting.
Aviva head of policy John Lawson says there could be a period of quiet on savings policy before the next election.
The Chancellor has been busy making difficult decisions but rest assured that we are still “all in this together”.
The dial is set – the Long Term Plan vs the Cost of Living challenge.
The Government’s charge cap consultation closed last week with a huge divergence of opinion.
This time last year we were warming up to the challange of auto-enrolment but with consultancy charging gone and a pension charge cap likely early next year, advising on workplace pensions is getting harder.
To deny someone whose dreams have been shattered the right to obtain redress through a long-stop is indefensible
All of the data points to a steadily recovering mortgage market.
Informed Choice managing director Martin Bamford says the Money Advice Service has to go.
Auto-enrolment is designed to use inertia to get people saving in the first place, so should the default option for converting savings to income not be to get advice?
- pause slideshow
A technical specialist with the FCA’s policy, risk and research division explains the regulator’s stance.
Speaking at the Alternative Investment Summit, Nicola Horlick says more advisers should start advising on the sector.
In case you missed it...
Three of four major banks expect to complete all redress payments by May 2014.
The Treasury will raise £1.2bn less than expected from pensions tax relief cuts this year.
Mattioli Woods chief executive Ian Mattioli says growing awareness of the cost of advice will force small IFAs out of the industry.
New Philanthropy Capital chief executive Dan Corry questions whether Government policy can increase aggregate saving.