Collins Stewart has added six funds to its Transact wrap service – the Collins Stewart UK catalyst fund, the continental Europe focus fund, the total return bond fund, the income fund, the growth fund and the balanced fund.
The Financial Services Consumer Panel has called for a ban on commission payments to advisers but also warned that sales bias must be eradicated.Speaking on the release of its annual report, FSCP chairman John Howard says it would be a tough decision for the regulator to take considering “the significant rump in the industry that […]
The FSA has called on advisers and clients to ensure they have their priorities straight over what they want to get out of investing in a fund of hedge funds.It believes some advisers are overly concerned with having limitless knowledge of the issue to ensure they are not in breach of treating customers fairly when […]
Having been closely involved with two of the cases referred to in Adam Samuels’ article headlined, Power Failure at FOS, (Money Marketing, June 14), I do take issue with the main thrust of the article, namely that the FSA looks foolish in declining to raise the ombudsman’s jurisdiction limit. In my opinion, the FSA looks […]
A period of exceptional uncertainty started last Friday for the UK, including a fierce leadership battle in a deeply divided Conservative party, the timing of the trigger of the EU’s Article 50, as well as a potential referendum in Scotland, and Northern Ireland. Click here to read the full article
Advice giant St James’s Place will block access to its investment platform for 10 days while it migrates services to a new provider. SJP tells Money Marketing that the work will affect online service ability for clients between 19 October and 29 October. A spokesman says: “SJP will carry out essential maintenance to our systems as part […]
This summer saw the S&P 500 rule headlines for enjoying the longest-running bull market in history. Yet, as per the old adage, what goes up inevitably comes down, and it is the job of advisers to manage clients’ portfolios accordingly – either directly or via the third-party investment services they use. A crude assumption might […]
There is currently no minimum qualification level, but the majority of advisers think this needs to change The role of the paraplanner is a relatively new one and its definition and responsibilities can differ hugely between firms. According to the Chartered Institute for Securities and Investment, the role can be broken down into four key […]