Money Marketing likes to think of itself as a law-abiding title but it nearly caused a stir at Heathrow Airport this week after an ill-timed call to PMS managing director John Malone as he was going through security.Malone asked for the mortgage hack to call back later for fear of looking suspicious before going through the stringent checks. Sources close to the airport confirm that Malone was not subject to any extra searches after the call, which is fortunate considering he admitted having to go commando the week before after his luggage was lost en route to the Bankhall conference in Berlin.
Resolution Asset Management will probably be relieved to have finally put to bed one of the most entertaining investment sagas of recent months by recruiting Ian Ormiston to join their threestrong senior European equity team.
Alternatively secured pensions look certain to be scrapped or hit with an inhibiting spoiler charge after Treasury Econ-omic Secretary Ed Balls revealed that a rule change will be announced in the pre-Budget report.Speaking on Monday night at a Financial Services Forum event in London, Balls said the Treasury will respond on Asps in the PBR […]
Aifa says the FSA must be held accountable for the massive cost that the introduction of principles-based regulation will impose on the industry. Speaking at a Treating Customers Fairly conference in London, sponsored by Prudential, Aifa deputy director general Fay Goddard said: “This is costing the industry millions. We are very much about accountability. As […]
The FSA has publicly censured GD Tancred Financial Services for not clearly explaining and documenting the risks of income withdrawal to customers with small pension pots. GDT is writing to all income withdrawal customers to make them aware of the risks.
Smart utility metering; fitness trackers; connected cars; smart factories; precision agriculture: the internet of things encompasses myriad applications. But how do you gain exposure – and profit – from this growing trend, asks Neptune fund manager & CTO Ali Unwin. Read more: Important information Investment risks Neptune funds may have a high historic volatility rating […]
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National advice firm Sandringham has made two new board appointments as it seals the hire of former James Hay director John Watson. Watson served as finance director for the platform and its parent IFG Group’s advice business Saunderson House until 2015, before taking over as chief operating officer for financial technology company Equiniti. Sandringham, a […]
Positive sales data has excited the industry but the challenge now is to carry the momentum into 2018
It is that time again where clairvoyants in the investment industry fall over themselves to file their predictions for markets in the year ahead. Analysts will pontificate on everything from the global economy and political stability to interest rates. They will aim to convince us equity valuations are stretched and the only way to avoid […]