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Crosby to be FSA deputy chairman

Former HBOS chief executive Sir James Crosby is to replace Deirdre Hutton as deputy chairman of the FSA and will also become chairman of the FSA’s committee of non-executive directors from December.

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‘Switch to fees in just two years’

Advisers can move from a reliance on initial commission to a recurring income-based business model in as little as two years, says Paradigm chief executive Paul Hogarth.He says: “You cannot take everyone to a recurring revenue overnight but I think it could happen in the next couple of years. There is massive consolidation in the […]

Aegon makes offshore foray

Aegon Asset Management is introducing Dublin-domiciled strategic global, high-yield global and investmentgrade global bond funds which are available for distribution in the UK, Channel Islands, Ireland and Switzerland.The strategic global bond fund will be run by David Roberts and Philip Milburn. It will look to invest across AAA-rated government bonds, high-yield and emerging market corporate […]

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