Royal London has appointed Bright Grey distribution director Andy Peters as its new national partnerships director for its intermediary division.
The Miton approach that generated positive returns in our balanced managed funds in 2008 is the unconstrained management of asset allocation. We believe fervently it is where one invests, rather than what one buys that determines the absolute return of a fund.
Investors in the underperforming New Star Higher Income and Sterling Bond funds can expect changes to the portfolios, after manager changes last week.Following the completion of the merger of Henderson and New Star, Toby Thompson manager of Higher Income and Phil Roantree, manager of Sterling Bond, will not move to Henderson. In Thompson’s place steps […]
The ifs School of Finance says Ofqual has formally approved amendments to its level four diploma for financial advisers, designed in response to the FSA’s retail distribution review.
With Germany’s strong economic growth leading the eurozone’s recovery, many UK businesses are keen to be part of the success story: recent data shows that there are currently more than 280,000* employees working for a UK-controlled company in the country.
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The Association of Investment Companies will not be hosting the new key information documents on its website saying to do so would be irresponsible. Since 1 January, Priips legislation has meant advisers have to publish a stand-alone, standardised KID to their client including performance scenarios, risks, and the total cost of products. However, trade bodies […]
The Financial Services Compensation Scheme has paid out £5.7m so far to nearly 800 customers of collapsed discretionary fund manager Strand Capital. The payments were made to 796 investors over the past two weeks. The payments related to client cash only. The compensation was paid directly into customers’ self-invested personal pensions. An administrator’s report published in […]