Former HBOS chief operating officer Phil Jenks has joined the board of mortgage asset manager Exact. Jenks will be a non-executive director overseeing corporate governance and chairman of Exact’s risk committee.
Thoughts of pensions may have been put on the back-burner for many people, given the economic turmoil and rising unemployment. Spare cash is at a premium for many households, with getting by day to day the order of the day rather than planning for those retirement years.
Tenet has welcomed the FSA’s willingness to recognise both the value and potential risk of losing experienced advisers following its proposal to introduce QCF level four work-based assessments. The group believes that this is a positive and pragmatic approach, even though the detail is still vague at this time.
James Dowey, Investment Director, Chief Economist China and Japan have both performed strongly so far this year, while the UK and Europe are going through periods of political uncertainty. In contrast, the US has experienced a temporary soft patch, but the lower oil price is proving to be a boon for consumers. How do these […]
National advice firm LEBC says robo-advice solutions lack to ability to provide strategic advice and will not fix the widening advice gap alone. Speaking to Money Marketing, LEBC director of public policy Kay Ingram says robo solutions are still lacking sustainability. A bionic approach that combines the technological benefits of robo with face-to-face advice could […]
UK stocks have fallen to bargain prices and investors should look closely at them, according to start fund manager Richard Buxton. Last night prime minister Theresa May survived a no-confidence vote as she won the support of 200 Tory MPs against 117 who voted against her. Fund managers have argued that the confidence vote could […]
Embattled asset manager GAM has announced a “comprehensive restructuring programme” this morning in the wake of poor anticipated results. The manager hit headlines in August when it was forced to liquidate the fund range of investment director Tim Haywood after an internal investigation uncovered issues with his risk management procedures and record keeping. This morning, […]