In last week’s Profile, we said Aegon Asset Management’s Andrew Fleming was previously global CEO at ABN Amro Asset Management and deputy CEO at Gartmore when he was CIO and deputy CIO respectively. We apologise for any confusion.
Panellists continued to concentrate their Aggressive Adviser Fund Index portfolios during the May rebalancing. The number of funds in the index fell by 11 to 103 and followed a similar reduction last November.
Shareholders and former Kilminster advisers are investigating taking legal action against Malcolm Kilminster over the recent deal between Kilminster Financial Management and Alpha 2 Omega after it emerged that KFM looks set for liquidation.
FSA director of enforcement Margaret Cole told delegates at the FSA Financial Enforcement Conference in London today that enforcement activity is at the forefront of its drive to achieve credible deterrence.
President-elect Trump has suggested withdrawing from the North American Free Trade Agreement (NAFTA) and ending negotiations over the Trans-Pacific Partnership (TPP), albeit there is considerable uncertainty over what he will, or even can, do. If one of the main consequences of the election of Donald Trump is US protectionism, it’s worth considering who stands to […]
The pensions dashboard: now there is a good idea, surely? Well, actually no, it is not. To be fair, it sounds like a good idea – a one stop shop where you can see all your various pensions in one place, neat and tidy, lovely and shiny. But there are some problems – quite a […]
When I first started flicking through career guides and thinking about what path to take, I wanted to make sure my job gave me flexibility, the ability to travel and the opportunity to meet people. After researching it, I realised a career in financial planning could tick all these boxes and, so far, my experience […]
The FCA has published the findings of its review into how non-deposit taking mortgage lenders and mortgage third-party administrators handle complaints, concluding that some approaches are “inflexible”. The regulator wanted to see if the processes involved in handling complaints posed a risk to customers, and, in some areas, found room for improvement. While the FCA […]