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 […]
The FCA has today proposed changes that would help unlock patient capital – investment seeking long-term returns, such as venture capital or infrastructure – through unit-linked funds to retail investors. The regulator has also published a discussion paper on the effect of the existing UK framework on investments in patient capital. As part of this year’s budget, chancellor […]
Three advisers talk to Money Marketing about taking time out to help the community Christmas is traditionally a time for giving, so as our thoughts turn to the festive period, how are advice firms giving back to the community or the profession? The great outdoors As a seasoned mountain walker and scout leader, much of […]
Figures show advisers are not taking on enough clients, but this can be fixed with a closer look at efficiency Back in the day, advisers would often have hundreds, if not thousands, of clients who would receive advice as and when they needed it. But changes in regulation from the RDR and, more recently, Mifid […]