View more on these topics

Aifa sees cash fall with shift to block fees

Aifa has suffered a loss in revenue since its restructure despite managing to retain the vast majority of its members.

It says it has had minimal fallout from its decision to admit whole of market firms last October despite the early loss of Barclays and is negotiating new contracts with firms.

But it says an increase in block memberships, with more advisers gaining free membership of the trade body by joining networks or parent organisations which pay one block fee, means there are fewer fee-paying members.

Deputy director general Fay Goddard says it is looking at ways to boost revenue such as attracting new members and a small increase in fees. She says: “We are concerned about the loss in fees through having fewer and bigger members.”


Simply ridiculous

With less than three months to go until April 6, advisers still cannot give confident advice on pension planning

Fidelity launches two multi-manager funds and global reits fund

Fidelity is launching a multi-manager portfolio of special situations funds in an effort to stave off competition following the effective closure of its own fund run by Anthony Bolton. The firm says the launch on January 16 meets advisers needs in assessing the broad range of funds marketed under the special situations, opportunities or dynamic […]

Upping the anti

2006 is likely to see the introduction of further anti-avoidance measures

Henderson appoints head of investment sales

Henderson Global Investors has appointed Mike Wilson as head of investment trust sales to discretionary investment managers.Wilson’s role is to increase the ownership of Henderson investment trusts amongst discretionary investment managers in the UK, Channel Islands and the Isle of Man. Wilson has been director of retail strategic alliances at Invesco Perpetual and more recently […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm