Justin Cash

Justin Cash is Money Marketing’s editor. He has previously worked for magazines including Citywire and Legal Week. He can be reached on justin.cash@centaurmedia.com or 0207 970 4776.

Tenet woos bank and provider advisers with ready-made package

Tenet is looking to attract advisers from providers and banks with a new ‘business in a box’ solution. The network is vying for business from advisers who want to pursue the self-employed route in the simplest fashion. For example, the network will help the adviser set up their own limited company and provide loans for […]

Justin Cash, Editor of Money Marketing
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Editor’s note: ‘Independence’ matters far more to advisers than clients

Five years on from the RDR, and the independent vs restricted debate still holds an exalted position in the market. Significant swathes remain fiercely evangelical in their belief that independence is a pipe dream, or that restricted is a recipe for disgraceful shoehorning. Many of these people are unmoved by the dearth of conclusive evidence […]

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FOS prepares for MP investigation

MPs are lining up their promised review of the Financial Ombudsman Service, with the focus on making sure those charged with the investigation stay independent from the adjudication service. Writing to FOS chief executive Caroline Wayman, Treasury select committee chair Nicky Morgan notes that a provisional terms of reference had been drawn up, but stressed […]

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Legal and General to target gender gaps with shareholder votes

Legal and General Investment Management will use its shareholder power to target firms with poor records on gender balance. LGIM has already begun voting against all-male boards in the US, but will now take on the chairs of Ftse 350 companies in their 2018 annual general meetings if less than a quarter of their board […]

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FSCS default list published as British Steel IFA and ‘fraudulent’ DFM in spotlight

The Financial Services Compensation Scheme has released the full list of firms it declared in default in March, including an advice firm facing allegations of unsuitable British Steel pension transfers and a discretionary fund manager being investigated by US authorities. Active Wealth and Beaufort Securities are two of 11 financial firms on the FSCS’ list. […]

Aegon upgrades protection service for advisers

Aegon is looking to improve how easy it is for advisers to apply for protection products with the provider. It has released a series of updates including providing IFAs with estimated prices as they move through an application, as well as the ability to apply for two single-life life protection policies in the same application. […]

Pile and a stack of coins with technical chart of financial instruments. A concept about currency trading or investing which investors must analyse and make the right decision for optimal profits.
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SJP spends another £20m on platform upgrade

St James’s Place‘s platform upgrade is likely to cost the wealth management giant in excess of £170m, latest results reveal. Financial statements for 2017 show that the firm’s new Bluedoor system cost it nearly £22m for the year, up from £17m for 2016, as assets continue to migrate over to the new technology. While two-thirds […]

Charles Stanley targets more financial planner hires as funds dip

Charles Stanley has said it plans to continue hiring in financial planners after a dip in equity markets hit its bottom line for the first quarter of the year. While discretionary funds were up 8 per cent for the year to 31 March 2018, and execution only platform Charles Stanley Direct attracted increased inflows of […]

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Prudential eyes Asia tech spend after UK spin-off

Prudential is planning to double earnings in Asia by upping investment in technology. In an interview with Bloomberg, chief executive of the UK insurer’s Asia arm Nic Nicandrou says Prudential is looking to invest more than $400m (£281m) in areas like automation and online line sales, 20 per cent more than initially budgeted. Nicandrou adds […]

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Royal London eyes shareholder rebellion over Metro Bank chair payments

Royal London Asset Management has warned Metro Bank it will vote against the reappointment of its chairman over payments of more than £21m made to his wife’s company. In the latest bout of activist shareholding from RLAM, it has expressed concerns over millions in payments for architectural, branding and marketing services to InterArch, a firm […]