View more on these topics

AITC calls for split compensation

The AITC is urging split-cap managers to compensate investors who bought zeros without advice and outside of savings or share schemes as they cannot seek restitution through the Ombudsman. The AITC says the managers and professional advisers who made money from selling zeros should “consider their responsibilities” to investors who can only attempt restitution through the courts.

Recommended

IFAs welcome end to uncertainty on polarisation rules

IFAs are welcoming the clarification given by the FSA&#39s statement on the future of the intermediary market. Wentworth Rose managing director Philip Rose says IFAs will now be able to plan their business strategy.Rose says: “It is good to see the FSA get its head around CP121 sat last. The most damaging part of all […]

London hit by house price falls…

November has seen the first fall in house prices this year to an average of £155,199 from £155,467 in October, according to property website Rightmove.It says the 0.2 per cent fall has mainly hit London properties, especially at the £750,000-plus end of the market, while prices elsewhere in the UK are mostly holding up well.Rightmove […]

Jupiter joint managing director resigns

Steve Glynn, joint managing director of Jupiter Unit Trust Managers, has resigned from the group to pursue other commercial interests.Glynn, who will serve no notice, had been with Jupiter for seven years. He will be replaced by Gordon Davidson, who is currently Northern sales director, with immediate effect.Glynn says: “It&#39s been a tremendous seven years […]

SLI launches UK opportunities fund

Standard Life Investments is this week launching a UK opportunities fund investing in small and medium-sized stocks with market capitalisations from £10m to £2bn. Managed by Mark Niznik, who joined SLI from Invesco Perpetual in April, the fund will seek long-term returns by using fundamental research-driven analysis of UK equities in the FTSE 250 and […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com