Park Row has appointed John Butterfield as group marketing and communications director. He was a broker consultant with Standard Life.
Standard Life has rebutted suggestions that it spurned its Sigma platform after it chose Fidelity’s Funds-Network as an alternative platform for its Sipp.
FSA chairman Callum McCarthy has admitted that illiteracy and innumeracy of swathes of the population will hamper attempts to close the savings gap.
Fidelitys new sterling bond fund hopes to take advantage of asset allocation between government, corporate and high yield bonds to generate strong returns.Dealing in shares in the sterling bond fund begins on April 18. The fund will be managed by Ian Spreadbury, its launch price remaining fixed at 25p until noon on April 29, 2005.Early […]
10-Year Fixed Rate
Welcome to the latest update for Allianz Technology Trust PLC from the Trust’s portfolio manager, Walter Price. Portfolio review The Trust’s NAV returned 4.3% , outperforming the Dow Jones World Technology Index return of 2.8%. In US dollar terms, the portfolio gained 4.8%. During the month, stock selection contributed to relative performance, and industry allocation […]
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]