Katie Marriner

Katie Marriner is Money Marketing’s news editor. She joined the title from Insurance Post and has previously worked as a health journalist. Katie can be contacted at katie.marriner@centaurmedia.com or on 0207 943 8030.

The platform puzzle: Are in-house funds and models a conflict?

Platforms have brushed aside concerns that running their own funds and model portfolios could lead to conflicts of interest, saying they have the safeguards in place to prevent such issues arising. As submissions to the FCA’s probe into the market have now closed, Money Marketing asks if more attention should have been turned to flows […]

Schroders and Lloyds in talks over wealth management tie-up

Schroders and Lloyds are in discussions over a wealth management joint venture. A Schroders spokeswoman says:  “Schroders confirms that it is in discussions with Lloyds Banking Group with a view to working closely together in parts of the wealth sector.” She says: “Discussions are ongoing and there can be no certainty that these discussions will […]

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Standard Life advice arm swoops for former Nationwide planning boss

Standard Life advice business 1825 has hired former Nationwide financial planning director Richard Gray as London managing director. Gray will join 1825 on 15 October. Nationwide announced Gray would leave the business at the end of March after being with the building society for 25 years. He joined Nationwide as a financial planner in 1992 […]

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FCA: Brexit not opportunity to join regulatory race to the bottom

The UK will need to “redouble” its engagement with European regulatory and policymakers following Brexit, recently appointed FCA chair Charles Randall says. In a speech today in London, Randall acknowledges the impending withdrawal date reiterating that a Brexit agreement will have important implications for how the FCA works in the future. Randall says: “The FCA […]

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Pressure mounts on FCA to act over ‘flawed’ Priips rules

The Investment Association is the latest trade body to urge the FCA to suspend parts of the Priips rules introduced in January. The Financial Times reports the IA saying investors are receiving information about fund costs that is “profoundly flawed” as a result of the regulation. Included in recommendations for overhauling Priips, the IA is […]

How advisers are poised to benefit from the changing distribution landscape

Advisers are posing an “existential threat” to the wealth management industry as more businesses take a slice of the different parts of the distribution chain. That is one of the findings of consultancy Fundscape’s latest report, which says the advice channel accounts for around half of all industry sales. Fundscape says advisers and platforms will […]

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Govt faces calls to allow Lifetime Isa contributions from birth

A thinktank has proposed three ways to overhaul the Lifetime Isa including changing the age restrictions associated with the product. Through the research paper, liberal conservative thinktank Bright Blue, is calling on the Treasury, which is currently reviewing the Lifetime Isa, to change and make the product more simple. The Lifetime Isa hit the market […]

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London firm adds £150m buying Hertfordshire IFA

HFMC Wealth has bought Hertfordshire IFA Generic Financial Management adding £150m in assets under advice to the business. HFMC, which has offices in London and Weybridge, acquired the firm for up to £3m. Two directors at Generic, David Verney and Marc Ruse, will become private client directors at HFMC. Managing director Paul Thomas will lead […]

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Consolidator buys Kent firm in £7.7m deal

National IFA AFH has acquired its sixteenth firm of the year with the purchase of Kent-based Core Financial Holdings. AFH also acquires the assets of Core Corporate Planning as part of the deal. The acquisition brings more than £230m of funds under management to AFH. Core chief executive Mark Sutton, nine advisers, and support staff […]

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How low can platform costs go?

Will technology drive fees below 10 basis points? Downward pressure on fees and charges has been affecting all corners of the retail investment market, with experts now questioning exactly how low pricing can go when it comes to adviser platforms. However, finding efficiencies must be balanced with the ability to run a viable business, as […]