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A true champion

It is with great sadness that we report the death of former IFA Promotion chief executive David Elms after a short battle with cancer.

During his 10-year tenure at IFAP, Elms fought hard to promote and defend IFAs, often when few others were willing to do so, and worked tirelessly to champion the value of independent advice to consumers.

Elms’ unique brand of drive and determination, his positive attitude and friendly manner made him a great deal of friends within the industry, including many Money Marketing journalists. Our thoughts are with David’s family.


Fee cap on Allium fund

Allium Capital is working with investment firms to create a new fund structure with a capped performance-related fee which prevents the total fund cost exceeding its peer group average.

Moody’s and analysts say hung Parliament could benefit Britain

Moody’s and leading financial analysts say a hung Parliament could help the UK economy. Tory Shadow Business Secretary and former Chancellor Ken Clarke said last week a hung Parliament would be “a tragedy” and could lead to a sovereign downgrade from AAA status. Conservative Shadow Chancellor George Osborne warned that it might put Britain in […]

Ex-PFS chief plans to shake up care sector

Former Personal Finance Society chief executive Tim Eadon has been appointed chief executive of long-term care at equity-release specialist EquityCare. In his new role, Eadon is urging more providers to enter the long-term care market, which is currently dominated by Partnership. He also wants to see a national care service set up – which Labour […]

Converting pension savings to a retirement income…

Since last year’s reforms to pension legislation, a significant number of retirees have chosen income drawdown over purchasing an annuity. Income drawdown is more flexible than an annuity. However, it also increases the likelihood that individuals won’t be able to maintain their income throughout their lifetime. In this short video, we explain the risks that […]


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