Aegon has called for platforms to be subject to the same regulatory constraints as product providers. In its response to the RDR consultation, it also calls for higher capital adequacy requirements in the platform area.
The chairman of JM Finn & Co believes in a sense of traditional business values and is looking to help overstretched IFAs meet the demands of the RDR. Interview by Gregor Watt
Schroders has revealed profits of £57.8m for Q3 2009, down 19.2 per cent on £71.5m in Q3 2008.
Capita Financial Software has added menu-based protection to its Synaptic research tool.
Jubilee Financial Products has cancelled the early redemption plan issue 4 due to compliance issues with new FSA guidelines. It will refund client money immediately and will launch a replacement as soon as possible.
Last week was Adult Learner’s Week, a celebration of lifelong learning and continued education. But why should education stop after school?
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AJ Bell has launched an active version of its managed portfolio service. The six-strong fund range, which will only be available through the platform, will mirror the existing passive funds but invest actively through a set of 15 underlying funds for each portfolio. The range will charge 0.15 per cent plus VAT, in line with the […]
HSBC Global Asset Management has grown its funds under management by 13.4 per cent year on year as the largest European bank doubles its pre-tax profit for the period. In its full year results published today, the lender reported total group funds under management of $943bn (£675.6bn) at 31 Dec 2017, up from $831bn in […]
Former pensions ministers Ros Altmann and Steve Webb have urged the Government to make sure pension savers are adequately protected under new plans to reclaim “dormant assets” for charities. Earlier this month the Government announced plans to widen a scheme to release assets in bank and building society accounts untouched for 15 years and put […]