View more on these topics

Britannic website pushes smaller firms funds

Britannic Asset Management is creating a website for IFAs which provides information on its smaller companies investment trust to show to clients.

The site, linked to the main BAM website, contains a full archive of past reports andliterature on the trust that can be accessed online. It is also suitable for use by stockbrokers and institutional buyers.

The trust is ranked 25th out of 32 trusts over one year with a return of 23.5 per cent.

BAM has also formed a team to develop its internet strategy. The three-member team will be responsible for providing a focus as the fund manager positions itself totake advantage of the internet revolution.

It will be headed by Bob Lawson, formerly head of brand marketing.

Britannic hints it will be making related announcements in coming months.

Lawson says: “This newly established team gives e-business a focus throughout the organisation.

“BAM has expensive and ambitious growth plans to take the business forward and is committed to maximisinge-business opportunities.”


FSA finds factor X but is hazy on reopening cases

IFAs could be penalised for making progress in the pension review if the FSA reopens certain phase two pension transfer cases following its announcement on factor X.The FSA has finally decided on a correction toits formula by which the loss is calculated on some transfer cases, known as factor X.But it is refusing to say […]

Bacs says life firms could slash commission admin

Life insurers could save £3m annually by paying IFAs commission through the Bacs system instead of the traditional method of payment by cheque.New research from Bacs, the UK&#39s automated clearing house, shows that 2.3 million cheque payments are made annually by life insurers to independent advisers.It estimates the industry could save a huge amount of […]

IFAs fear landing £100m Saltr bill

IFAs fear they will be left to shoulder much of the £100m cost of implementing the ABI&#39s standard-raising initiative Saltr.The ABI says implementation of the project will cost the industry £100m and individual life offices as much as £8m each.Saltr aims to raise indus-try standards by awarding companies an accreditation mark once they meet certain […]

Martin Gilbert

Martin Gilbert seems slightly embarrassed about winning the Scottish Financial Entrepreneur of the Year award. With qualification for the UK finals and the possibility of a place at the global business Oscars next May, he is getting recognition as an innovator.The Aberdeen Asset management chief executive is no stranger to awards. Last year alone, Aberdeen […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm