Axa Investment Managers has appointed Keith Robinson and Stephanie Walsh as fund management analysts. Robinson spent three years at Isis and Walsh spent four years at Morley FM.
A banking group with pockets as deep as BNP Paribas should never have allowed the collapse of 2,600 Cardif Pinnacle income protection policies, says Paymentcare managing director Shane Craig. But BNP Paribas says that although it owns Pinnacle outright, it is a stand-alone ins-urer within the group. As reported in Money Marketing on June 30, […]
Former Conservative deputy chairman Howard Flight has become senior adviser and consultant to Kinetic Partners, a global professional services boutique focused on the investment management industry.
FSA chairman Callum McCarthy says he wants to take money-laundering rules out of the regulator’s handbook, allowing firms to create their own controls. Revealing the first phase of the FSA’s programme to simplify the handbook and remove unnecessary rules, McCarthy says he wants to scrap or change requirements that are more restrictive than needed to […]
New Star has confirmed Phil Wagstaffs appointment as managing director of its UK retail sales and marketing operation.Wagstaff will start in September and was most recently managing director of M&Gs UK retail business with 15bn under management. He will report to Mark Skinner, New Stars managing director of sales and marketing.
Trapped between expectations for near double-digit returns and strong apprehensions about investing in persistently volatile markets, investors worldwide are of the opinion that professional financial advice is worth the fee. But even though they believe individuals who work with a financial professional are more likely to achieve their goals, investors have a clear vision of […]
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Latest from Money Marketing
The number of Sipp related complaints at the Financial Ombudsman Service has continued to rise. Between July and September, 767 Sipp enquiries were received, FOS data out today shows, compared with 678 for the previous three months. Sipp complaints are now more than 50 per cent higher than they were in early 2016. 193 made […]
Three fund selectors give their views on choosing passive funds, blending, and investor suitability
The youngest ever fellow of the Personal Finance Society has moved to a new advice firm. Vito Faircloth gained the accolade last year at the age of just 22. He became level four qualified in August 2015 before taking additional exams with the professional body. Chief executive Keith Richards described the achievement as “truly remarkable”. […]