Electronic trading platform EMX has announced a revised timetable for product providers and IFAs who missed the boat to join up first time round. The new dates are July 31, August 31, September 29 and October 31. Once participants have signed up they go through a trial period to test the functionality of the system. More than 63 product providers and IFAs successfully completed trials during May and will be going live when the system starts operating on June 12. All buying and selling transactions will be free to advisers from then on with a £500 joining fee.
The message that the state will not provide a decent level of financialsecurity in retirement is starting to hit home.A survey of 1,000 people has revealed that the younger generation inparticular are concerned about the need for good financial planning for thefuture.But when it comes to knowing how long they could live – medical advancesmean […]
The Britannic Challenge balloon has successfully landed after arecord-breaking journey, making David Hempleman-Adams the first man to flysolo from Spitsbergen to the North Pole and back.In the early hours of Saturday morning, the balloon began its descent overSpitsbergen. It was a difficult landing, with the balloon draggingHempleman-Adams along the ground and the basket filling with […]
The internet is all about empowering the consumer and most of the newservices on the web target the consumer directly. Many IFAs still see it asa threat to their business, fearing the accessibility of the medium willerode their position as the first point of reference for investors.In 1998 an estimated 1.1 per cent of UK […]
London IFA Roundhouse Financial Services is merging with FaulknerAssociates as part of RFS's plans to buy out brokerages.RFS says it is targeting firms feeling squeezed out of the market by theburden of increasing compliance and regulation.It is in negotiations with a number of smaller IFAs and is expected tomake further announcements in the coming months.The […]
Jelf Employee Benefits focuses on Ebola Virus Disease (EVD) and what this means for businesses with operations in West Africa. This will be of particular interest to those with employees either travelling to, or living within, West Africa, the area affected by the most catastrophic outbreak of Ebola to date.
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Ingram will be succeeded by Lord Debden, who was previously Apfa’s chair Former Wealth Management Association chairman Tim Ingram has stepped down as chair of the Personal Investment Management and Financial Advice Association board. According to a Companies House filing, Ingram’s position was terminated as of 19 September. He formally stepped down from his Pimfa […]
Seven firms have joined Fairstone so far this year Two more advice firms are joining consolidator Fairstone, adding seven new advisers and £200m in funds under management. Chartermarque, which is based in Glasgow and London, and Hammett & Petch, based in Milton Keynes and Bracknell, have signed up to Fairstone. Fairstone chief executive Lee Hartley […]
Identifying the management information that matters is a key factor in businesses making a profit