Axa and Aberdeen Asset management are rumoured to be interested in Framlington, the fund management business controlled by HSBC. HSBC decided to sell Framlington for up to 250m last year, hoping initially for a management buyout deal led by Framlington chief executive Peter Chambers. The deal collapsed in March.
Royal Bank of Scotland is holding a swanky dinner for the glitterati of the national personal finance press and, like all good hosts, has been checking whether its guests have any special dietary requirements. Among the common requests for vegetarian food was a more esoteric instruction from the BBC’s Andrew Verity. “No beetroot,” his reply […]
Vertex has completed the 95.3m acquisition of Marlborough Stirling, owner of The Exchange. Andy Hunt has been appointed managing director of Marlborough Stirling, replacing the old chief executive Mike OLeary who has left the company. The Exchange managing director David Child will report directly to Hunt.
I am usually calm and collected enough to read criticism, smile and get on with life but when the criticism is unfounded and based on a quarter of a story it pushes me far enough to feel the need to reply – I am referring to Alan Swaysland’s letter in Money Marketing, May 5.
Skandia’s nine top UK sales directors have been told that they will have to re-apply for only three jobs in the same week that Old Mutual announced it wants to buy the company.
Graeme Robb, Senior Technical Manager at Prudential, explores the current state of the nation for offshore issues and highlights areas which may be particularly relevant to advisers. In the context of insurance companies, ‘offshore’ can be a relatively straightforward matter. Like their onshore equivalent, offshore bonds are ‘non-qualifying’ for tax purposes, meaning that all gains […]
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
It is encouraging to see the FCA close in on lazy fund management, but more needs to be done Without fanfare, the FCA has confirmed its intention to punish lazy fund management. Several groups have been persuaded into voluntarily compensating investors who bought their beta-posing-as-alpha products, otherwise known as closet trackers. The regulator suggests that […]
Ex-GBST man and FinoComp chief executive Ray Tubman on the need for a brave new world of interoperability Platforms running on proprietary technology often see this as a competitive advantage, even if it is expensive to run. But ex-GBST man and now FinoComp chief executive Ray Tubman does not believe outsourcing is the poor relation. […]
Ahead of speaking at Money Marketing Interactive in May, founder and director of The Yardstick Agency Phil Bray gives tips on how advisers can improve their public image and why the FCA should rethink their plans for the register On a scale of 1 to 10, how optimistic are you about the advice market for […]