Annie Shaw is a freelance financial journalistSince I had ricked my foot the previous week and was headed for Bangalore accompanied by a not very elegant walking stick, a little medical tourism seemed to be in order. I ended up in the MS Ramaiah Memorial Hospital for an “executive check-up”. This is the equivalent of […]
Probably one of the most contentious areas in relation to the retail distribution review is its effect on the number of advisers who will be able to class themselves as IFAs and, in turn, the effect that this may have on genuine independent advice for the mass market.
As we move closer to the time to respond to the retail distribution review and other discussion papers, it may well be worth setting out the ABI’s position according to their submission to the original working parties. In essence, they state that IFAs control 60 per cent of distribution and that this is a problem […]
Axa has announced new with-profits bonus rates for customers investing in the Axa Sun Life with-profits fund and the Sun Life Assurance Society with-profits fund.Axa’s regular bonus rates have increased by up to 1.25 per cent for most unitised policies in the ASL fund compared to the same time last year and payouts on bonds […]
The UK Pensions Awards shine the light on excellence and recognise the advisers, providers and investment managers that offer the highest level of innovation, performance and service to occupational pension schemes and their members. This year’s awards looked at advisers and providers across 31 different categories and were rigorously judged by a panel of senior […]
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 […]