1st – The Exchange has released the latest version of its back office software solution Adviser Office.
LibDem Treasury spokesman Lord Oakeshott has launched a scathing attack on Conservative Shadow Chancellor George Osborne, claiming that the City does not believe he is up to the job.
IFA Defence Union chairman Alan Lakey has quit after a row with founder and former chairman Evan Owen over the future management of the group.
Lloyds Banking Group launched a £4bn Residential Mortgage Backed Security this week, the first such issuance for more than a year.
Simon Edelsten, manager of the Artemis Global Select Fund, examines the long-term trends that they have exploited since the fund’s launch five years ago. Looking ahead, he explains the stock-specific opportunities the team are finding. Click here for full article
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BMO Global Asset Management fund manager Robert Burdett has more than halved the exposure to passive funds in most of the multi-manager funds amid fears of a bubble in the market. Burdett, who co-manages the £1.2bn F&C MM Navigator Distribution fund with Gary Potter, says the team has been cutting exposure to passive funds across […]
Opinion differs as to what has caused the advice gap. Some believe the move from commission to fees has made advice unaffordable for the mass market, with advisers having to focus on wealthier clients for commercial reasons, while others say the trend was happening anyway, regardless of the RDR. For Simplified Money director Lesley James, […]
Sales of protection policies are back at peak levels, with the sector growing by more than 20 per cent in the past year, despite adviser complaints over protection’s lack of popularity. According to the latest figures from Equifax Touchstone, sales of protection policies surpassed £149m between July and September this year — their highest level […]