The company has signed or hopes to sign several agreements with providers, the last being with Zurich, and also bought Sipp administrator PPML from Winterthur a few years back.It bought Quay, an adviser software provider, in November last year and, in its most telling deal, has now bought IFA portal and quotation engine Webline, bringing it fully into the IFA market as a significant force. Clearly, outsourcing and tech firms believe there is money to be made from the adviser market. It will be interesting to see if other firms decide to match Capita with further purchases and whether they succeed in delivering the promise always made by outsourcing companies that they can save money while maintaining standards.
The metal gurus are predicting the gold price could double, says Matt Davis
Russian consumer stocks are set to boom but commodities are unlikely to repeat last year’s doubling in value, says JP Morgan Fleming Russian securities investment trust manager Oleg Biryulyov. The trust rose by 103 per cent in 2005 but Biryulyov says many Russian funds benefited from pessimistic oil price predictions, which were exceeded by over […]
Advisers who offer home information packs could be exposed to liabilities due to insufficient professional indemnity cover, warns PYV chief executive Neil Pointon. Pointon says brokers offering Hips to clients to secure new business will not be covered for mistakes in the packs by their existing PI policy. He says: “If advisers do get involved […]
VCTs offer attractive benefits but it is essential to be aware of the risks of investing in small unquoted companies
“Nothing tastes as good as skinny feels,” said supermodel Kate Moss, who is not often credited for her insights into policy making. Perhaps she should be. In politics, as in matters of diet, the course of action that is the best over the long term is often not the most desirable course of action in the short term. Add the instant gratification of the democratic electoral cycle and, instead of good policy making, you sometimes get the equivalent to a midnight binge in front of the fridge.
The value of an investment and any income from it can fall as well as rise and you may not get back the amount originally invested. Forecasts and past performance are not a guide to future performance. Some information and statistical data herein has been obtained from sources we believe to be reliable but in no way are warranted by us as to their accuracy or completeness. These are Neptune’s views and as such this document is deemed to be impartial research. We do not undertake to advise you of any change to our views.
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The FCA has finished implementing the recommendations of the Financial Advice Market Review with the publication today of a policy statement relating to personal recommendations today. The FCA aligned itself with Mifid II last year by mandating that regulated advice must contain a personalised recommendation. In August last year, the FCA published a consultation paper […]
Things are moving fast over at the newly merged Standard Life Aberdeen. The very first results for the combined company hit the wires this morning and, finally, a clear strategic direction is emerging. Overall, there were net outflows. Not a great start, particularly given Scottish Widows’ parent Lloyds’ decision to pull its £109bn mandate earlier […]
Providers looking to re-brand must carefully consider those buying the products and the advisers who have to explain them I started my working life at Hill Samuel Life Assurance Ltd. As company names go, it was not the most exciting and we were occasionally confused with H Samuel the jeweller, but at least it said […]