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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Justin Modray says the RDR will make little difference in the way most advisers are paid.
M&G is merging its Global Leaders fund into the Global Themes fund in the wake of a review resulting from fund manager Aled Smith’s decision to step down. The proposed merger has been approved by the regulator but is still subject to approval from shareholders. The Global Themes fund will continue to be managed by […]
Face-to-face advice still holds a firm place in serving clients, despite an increasing demand for mobile and remote services in adviser practices. Research from consolidator Fairstone from November shows there has been a 10 per cent decrease in the use of face-to-face financial advisers over the past seven years. However, advisers speaking to Money Marketing […]