St James's Place Capital's new business figure show new sales down by nearly a quarter.
For the three months leading up to Sept 2002 sales were £35m – down from £45m the year before.
It says the figure reflect the continuing difficult investment conditions.
Conservative Shadow pensions minister John Bercow has resigned from the front bench rather than give into pressure from the party to vote against Government plans to allow gay and unmarried partners to adopt children.He has been replaced on the pensions front by former social security minister Oliver Heald, who served in John Major's Government in […]
Skandia has appointed John Clougherty as sales director of its soon-to-be-launched mutual funds business. Clougherty, formerly of Merrill Lynch, will report to Skandia Oeic business managing director Jamie MacLeod, appointed in July. Clougherty's appointment comes hard on the heels of Spike Hughes from Hargreaves Lansdown and Clive Hale from John Scott and Partners joining its […]
The great and the good of financial services turned up last week at the Bloomberg head office in the City to hear the case for and against the future of with-profits.Proposing the motion that With-profits Remains a Good Investment for the 21st Century Investor was Standard Life head of with-profits marketing David Hare. Opposing was […]
With unit trust sales and commission going rapidly down the pan, IFAs will have to scratch around for alternative sources of income. And long-term care provision provides plenty of opportunities.We are supposedly all motivated by fear or greed. But if that is the case, then the findings of a recent survey by NOP, conducted on […]
In this short video, Azhar Hussain, head of global high yield at Royal London Asset Management, explains how his team balance bottom-up with top-down research in constructing multi-asset credit portfolios. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up […]
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Discretionary fund manager Beaufort Investment has promoted internally to fill the position of chief investment officer and has also appointed a new funds research executive. Beaufort Investment is part of the vertically integrated Beaufort Financial group. Head of portfolio construction Shane Balkham has been appointed as CIO and investment analyst Emma Clarke has been named […]
New Leodis Wealth chief executive on supporting clients through the chaos caused by the UK’s exit from the EU The long and tortuous road to Brexit has taken us from a political soap opera to what many regard as a tragedy over the past two-and-a-half years. Whatever drama is yet to unfold, the message that […]
Consulting director at The Lang Cat Steve Nelson talks making sure clients know what they’re buying and the joys of research ahead of his appearance at Money Marketing’s flagship conference. What one word or phrase do you think sums up the state of the financial planning profession today? I’m going to defer to our adviser […]
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