Arc Fund Management Holdings has acquired IFA firm Independent Investment Associates for up to 2.3m.
Hargreaves Lansdown chief executive Peter Hargreaves says he believes Trevor Matthews quit as Standard Life’s head of UK retail because he could wait no longer to take over from chief executive Sandy Crombie.Hargreaves credits Matthews with revolutionising the life office and says it has suffered a “disastrous loss” after he announced his departure last week.Matthews […]
Alliance & Leicester
Buy to Let Three Year Fixed Rate
Higher mortgage payments and the sub-prime aftershocks mean advisers could soon be facing an unprecedented volume of complaints from clients.
Today marked yet another victory for the 125,000 workers who lost their occupational pension schemes as the Court of Appeal found the Government guilty of misleading them.
The Government has announced future reductions in the rate of corporation tax. Will this affect the ‘internal’ taxation of Authorised Investment Funds? Read more
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Axa Investment Managers has reported nearly €50bn (£44bn) in outflows from its joint venture businesses, but has bucked the withdrawals with strong performance in its specialist products. In a note, the asset manager, part of the French Axa Group, says the decline in inflows was to be partly driven by a number of products reaching […]
Barclays has remained quiet on potential plans to re-enter the retail advice market. The bank closed its advice arm, Barclays Financial Planning, in 2011, but last February Money Marketing reported on plans that it would re-enter the market through a combination of online and face-to-face advice. This would build on the success of direct-to-consumer platform […]
As discretionary fund managers continue to grow in assets and importance in the adviser community, Money Marketing research has cast new light on the market’s impact on planning. More than 400 advisers and paraplanners responded to a Money Marketing survey on the DFM market. Ninety per cent of respondents used at least one DFM and […]