ABI, NAPF and the Trade Union Congress back commission to tackle short-termist political approach to retirement saving.
For F&C Investments’ multi-manager Gary Potter betting on talented fund managers rather than focusing on pure asset allocation is how he tries to differentiate his strategy. The £1.1bn F&C MM Navigator Distribution fund, which he manages with Robert Burdett, is “heavily influenced” by the diversification between the various underlying funds that he allocates to, as […]
Adviser consolidation firm Bellpenny has completed two further IFA acquisitions for an undisclosed sum. The deals, for Caledonia Edinburgh Limited and Midlands-based firm Rawson Steele IFA, add £84m in funds under management to Bellpenny. The business as a whole is now responsible for over £3bn in investor funds. Caledonia Edinburgh adviser Lynn Healy will transfer […]
When Openwork chief executive Mark Duckworth speaks about the drop in adviser numbers since the late 1980s the figures sound astonishing: 285,000 advisers serving a UK population of 50 million in 1989, compared with 23,000 advisers available for 64 million people today. Put another way, there are currently around 200,000 consumers for every adviser when, […]
Advisers need to assume three key roles
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