My business is modelled on pensions and investment. Four years ago, I looked at a number of wraps available in the market that could support my business. I opted for Skandia.There are a number of reasons that led me to that decision. Given that my business is so heavy on pensions, the fact that all […]
Cavendish Asset Management chief executive Julian Lewis has written his first novel, a children’s fantasy story set in colonial India and modernday Scotland.Lewis, who runs the firm’s 38m worldwide fund, will donate 75p for every book sold to the SOS Children charity.It has received 6,500 pre-orders and the second book in the series is due […]
Bankhall has added a new feature to its complaint-handling facility to work out investment bond redress calculations, including precipice bonds. The facility currently calculates figures for compensation on mortgage endowments.
This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. The topics in this guide include: the letters you need to send out; what to send and when; the importance of employee engagement; and what to consider as additional communication.
In the second part of our regulatory recap for 2018, two more experts talk to Money Marketing about their highlights from the last 12 months. Were advisers up to the ongoing suitability test? Julie Hepworth, group regulatory director at Perspective Financial Group 2018 has been a year of embedding and refining the requirements of Mifid […]
Consolidator Fairstone has acquired Darlington-based Belasis IFA. The addition brings 1,250 clients, £500,000 in gross fee income and £50m funds under management to the national firm. Five advisers and two support staff join Fairstone as part of the acquisition. Fairstone chief executive Lee Hartley says: “Having worked with Belasis IFA through our proprietary downstream buyout programme […]
The FCA has fined Santander UK £32.8m for failings in its “flawed” probate and bereavement processes. Over three years between 2013 and 2016 more than 40,400 customers were affected by the failings, where a total of more than £183m of funds were not transferred to beneficiaries when they should have been, the FCA says. According to […]