View more on these topics

Artemis and ABN Amro to merge

ABN Amro Fund Managers and Artemis Investment Management are to merge to create a joint group with £2bn under management.

The move will see the ABN Amro name disappear from the UK retail fund manager market.

The newly merged firm will trade under the Artemis name and will be 58 per cent owned by the Dutch giant ABN, with Artemis taking a 37 per cent share of the combined business.

Speculation over the future of ABN business has been rife following the departure of star fund managers George Luckraft and Nigel Thomas to Framlington in April.

Recommended

FSA consumer body calls for Government to fund advice service

The Financial Services Consumer Panel is calling on the industry and Government to fund a central advice service to point lower income earners to safe haven products. The Panel is telling the Government and the FSA that only a centrally funded free financial planning service can offer financial advice to all. It wants the cost […]

Brokers opt for Cemap over Maq

Only 10 per cent of brokers want to take the mortgage advice qualification while 25 per cent prefer the rival Cemap exam, says specialist lender Sun Bank. Most of the 100 brokers questioned who had a preference on which exam to take to meet the MCCB&#39s minimum qualification standard chose the Institute of Financial Services&#39 […]

Individual pension sales up but IFAs lose market share

Individual pension sales leapt by 22 per cent during the first quarter of this year compared with the same period in 2001 but IFAs&#39 market share has tumbled, according to the ABI. Individual pension sales rose to £885m from £722m on an equivalent premium income basis but IFAs&#39 share of the market fell to to […]

Accountants&#39 clients want IFA services, says portal

IFAs could boost their turnover by filling in gaps left by accountants, according to research from small business advice portal Clearlybusiness.The research shows that of the three-quarters of small businesses that use accountants, 88 per cent use them for their annual accounts and 72 per cent for help with income and corporation tax returns. But […]

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