Kent Reliance Building Society has written to the FSA to express concern that it is asking for more information on the business than its own directors would normally have.
Fitch Ratings says it will be watching Friends Provident’s interim results closely to decide whether there will be any further downgrades to its rating.
Columbus Direct is launching its own MPI product in a bid to bring equality back to the market.
Legal & General Property has appointed Andy Banks as its new finance director.
Dividends are under pressure in some areas: but reliable yields can still be found. So says Adrian Frost, manager of the Artemis Income Fund, in conversation with Lawrence Gosling.
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]