Investors could be losing out on tens of thousands of pounds due to their funds being placed in a bond rather than a collective wrapper, according to Fidelity research.
New lender Checkmate Mortgages has announced the appointment of Peter Stimson as commercial director.
New Star chairman John Duffield has reiterated his intent to grow the firm’s emerging markets arm, with a Middle East and North Africa fund understood to be top priority.
Windsor Life gets worse and worse. We sent in a £1,000 single premium for a personal pension in February. Not only could it not do the fund that GE Life originally had but it also turned out that it would not pay commission, which I know is something that Windsor Life is not really used to. Apparently, with the GE Life contract, it used to do a separate policy for increments and Windsor Life does not have that facility.
Jelf Employee Benefits discusses the legislative changes in Dubai, available medical facilities and policy considerations for employers with expatriate workforces in the country. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Dubai, or are considering operating there in the near future.
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BMO Global Asset Management fund manager Robert Burdett has more than halved the exposure to passive funds in most of the multi-manager funds amid fears of a bubble in the market. Burdett, who co-manages the £1.2bn F&C MM Navigator Distribution fund with Gary Potter, says the team has been cutting exposure to passive funds across […]
Opinion differs as to what has caused the advice gap. Some believe the move from commission to fees has made advice unaffordable for the mass market, with advisers having to focus on wealthier clients for commercial reasons, while others say the trend was happening anyway, regardless of the RDR. For Simplified Money director Lesley James, […]
Sales of protection policies are back at peak levels, with the sector growing by more than 20 per cent in the past year, despite adviser complaints over protection’s lack of popularity. According to the latest figures from Equifax Touchstone, sales of protection policies surpassed £149m between July and September this year — their highest level […]