Former HBOS general insurance deputy chief executive Simon Stevens has joined Uinsure as managing director. The new general insurance proposition for mortgage advisers has been set up by former Bankhall joint chief executive Simon Taylor.
With climate change an on-going issue for everyone across the globe, it seemed a question of when, as opposed to if, a fund management firm would decide to launch a vehicle that revolves around the arena.
Transact is closing its share option scheme to advisers from July 31 but says the action will not apply retrospectively.The wrap says the reason for the move is primarily due to regulatory and accounting concerns.Managing director Ian Taylor says: “Mifid has been fairly clear about the process and how it needs to be reported, where […]
HSBC is warning that China could see heightened volatility for several months following market falls which started last week.The benchmark Shanghai Composite index closed 8.2 per cent lower on Monday at 3,670 over concerns the government could bring in more measures to cool the economy. This followed falls last week after the Chinese government raised […]
Pension scheme membership among employees has risen by more than five million in the past four years because of the policy of automatic enrolment into workplace pensions. But Britain’s army of 4.4 million self-employed people, who account for one in seven of the workforce, are not covered by automatic enrolment. Pension coverage among the self-employed […]
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 […]