Axa’s wrap platform is to be branded Elevate and will roll out to the whole market during 2008. Elevate will offer dual pricing to give advisers full flexibility over charging structures.
Axa is poised to launch a variable annuity product early next year as part of an overhaul of its retirement planning.The firm has been working with colleagues from US arm Axa Equitable and is considering offering a version of its Accumulator variable annuity.The US product offers a range of investment options and guaranteed minimum income […]
Jamie Allsopp is manager of the successful New Star hidden value fund.
Thinc Group has agreed a new fixed buy to let deal with Bank of Ireland Mortgages. The offer carries an interest rate of 5.89 per cent with an LTV of 85 per cent at a rental calculation of 100 per cent at the fixed rate.The full product details include a 5.89 per cent fix to […]
Thames River has postponed the launch of its multi-manager offshore range.It had aimed at launching in the fourth quarter but has decided to wait until early next year to allow new arrivals Gary Potter and Robert Burdett more time to bed down and focus on their five onshore funds.Potter and Burdett joined from Credit Suisse […]
The national news agenda has been dominated by pension issues this month. For those that missed it (and there cannot have been many given that this was the lead story in spoken and written media), the Chancellor announced a decision to make no decision on pension tax relief in his 16 March 2016 Budget speech. To […]
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Justin Modray says the RDR will make little difference in the way most advisers are paid.
M&G is merging its Global Leaders fund into the Global Themes fund in the wake of a review resulting from fund manager Aled Smith’s decision to step down. The proposed merger has been approved by the regulator but is still subject to approval from shareholders. The Global Themes fund will continue to be managed by […]
Face-to-face advice still holds a firm place in serving clients, despite an increasing demand for mobile and remote services in adviser practices. Research from consolidator Fairstone from November shows there has been a 10 per cent decrease in the use of face-to-face financial advisers over the past seven years. However, advisers speaking to Money Marketing […]