Credit Suisse has won share-holder approval to consoli-date its multi-manager fund range. The European, North American and Japan-ese multi-manager funds will be merged into its international portfolio and the Asia Pacific fund into emerging markets .
Standard Life has lost two senior members of its e-commerce team including e-commerce manager Billy Burnside.Sales technology consultant Alistair Verity is also leaving while Alistair Cuthbert is moving into Standard’s wrap team.Burnside is joining Norwich Union as head of e-business development next month and his number two Ross Dunlop will head the team until a […]
Mortgage lenders are continuing to jump on the 25-year fixed-rate bandwagon following the Government’s call for more choice of long-term fixed rates.Yorkshire Building Society and London & Country are now both offering the 25-year fixed-rate loans after earlier moves by Nationwide and Halifax.Chancellor Alistair Darling said in July he is to start consulting on creating […]
Advisers are using more automated technology to spend more time with clients and be more competitive in retaining them, figures show. The Vanguard 2018 adviser-client survey tracks the use of technology and automation in advice firms. More than half of the 300 adviser respondents say they automate cash flow projections, fund selection, portfolio management, and […]
A weekly account of the curious goings-on in the world of financial services from Money Marketing’s diary page on Wells Street Who grinds your gears? This week, Money Marketing columnist Paul Lewis took to Twitter, asking his followers to reveal who they feel rips them off the most. Lewis encouraged Tweeters to contain their frustrations […]
Platform Transact has increased funds under direction by 18.6 per cent over the financial year to reach £33bn. Funds under direction were nearly £28bn for the financial year ended 30 September 2017, rising to £33.1bn for the year ended 30 September 2018. The results published by IntegraFin Holdings, which owns Transact, show funds under direction […]