Leah Milner

Leah Milner has left Money Marketing

Calculating Savings
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Solving the contingent-charging conundrum

Contingent charging has come under intense scrutiny from the FCA and the question of whether or not it should be banned has divided the adviser community. But there is also wide divergence in exactly how models work across firms, how much advisers are charging and when exactly contingent fees are levied. There are those who […]

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Market split over merits of LGBT advice

Lesbian, gay, bisexual and transgender activists are split over the need for specialist financial planning services after the boss of a firm targeting clients from the community said she was “staggered” by homophobic comments she overheard at a recent event for financial planners. LGBT Money founder Arlene Addison says she was appalled when she heard […]

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Advisers frustrated by LEI applications under Mifid II

Advisers have been urged to shop around if they need a Legal Entity Identifier under Mifid II as fears have been raised that scam companies could take advantage of the market. LEIs will be required where the client is not an individual, for example if they are acting under a legal entity or structure such […]

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Robo firms signal their advice intentions

Robo-advisers will increasingly move towards hybrid models over the next year, combining the human touch with machine learning, experts predict. Scalable Capital, the Europe-wide robo firm, which has received financial backing from investment giant BlackRock, has just started offering telephone and face-to-face advice for clients who want to progress beyond an initial free session. Nutmeg and Moneyfarm […]

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Bank of England holds rates but hints at increase soon

The Bank of England has held the base rate at 0.5 per cent, but its committee minutes suggest rates will rise more quickly and more sharply than previously expected. Monetary Policy Committee members voted unanimously in favour of leaving interest rates unchanged for now. Their report released today says: “Were the economy to evolve broadly […]

Ascot Lloyd hires Graham Bentley to steer investment committee

Ascot Lloyd has appointed Graham Bentley as independent chairman of its investment committee. Since 2013 Bentley has run his own investment marketing consultancy gbi2. His 40-year career has included roles at Henderson, M&G, and Old Mutual. At Ascot Lloyd Bentley, who is also a Money Marketing columnist, will chair the IFA’s quarterly investment meetings, deciding […]

Investors withdraw from Woodford’s signature fund

Investors have pulled almost £2bn out of Neil Woodford’s signature fund since May. The Woodford Equity Income fund has seen assets under management drop from a peak of £10.15bn in May to £8.2bn in December as investors showed their disappointment in the manager’s performance, the Financial Times reports. Some of the fund’s key holdings including […]

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Santander under fire for pushing landlords to hike rents

Santander has come under fire for a clause in some of its buy-to-let mortgage contracts that asks the landlord to increase rents by “as much as can be reasonably achieved” whenever possible. Money Marketing sister publication Mortgage Strategy was contacted by a private landlord who had spotted the clause in her mortgage contract and was […]