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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A well-written, well-executed strategic plan is key to enhancing the value of an advice firm
The Pensions Ombudsman and The Pensions Regulator have agreed to share information to increase their understanding of issues in the sector. The agreement follows the FCA and TPR announcing in February they will work together on a strategy to tackle risks in the pensions sector over the next five to 10 years. The agreement announced […]
Platform Alliance Trust Savings continues to be affected by staff departures as three senior executives are understood to have left the business. Money Marketing understands commercial director Ed Carey and customer services director Gordon Murray have recently resigned from their posts. According to LinkedIn, Carey joined ATS in 2016 as sales director before taking on the commercial […]