F&C is to merge its range of open-ended onshore funds, with 53 funds being converted into 47, subject to fundholder approval. F&C intends to register the entire range of Oeics under Ucits 3, enabling the funds to be marketed across Europe.
Our panel of experts give their opinions on cross-subsidies, the prospects for single ties and sourcing systems.
AIFA has hit out at the ABI’s proposals for an overhaul of IFA commission payments saying they are pointless given no commission bias was found.
Norwich Union is to offer IFAs 5 per cent flat initial commission for all single-premium investments in four funds. NU will offer the commission for investments in the Norwich active protector fund, Norwich UK ethical fund, Norwich distribution fund, and Norwich managed high-income fund. The offer will apply to Oeic, Isa and Isa transfer business […]
IFAs say the argument between Neptune and Britannic over two fund managers moving reflects fund companies’ sensitivity at losing managers.
Advisers need to assume three key roles
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Almost a third of women in the asset management industry have experienced sexual harassment in the workplace, according to a new survey, as Fidelity and the Worldwide Healthcare Trust dismiss fund managers due to inappropriate behaviour. A global survey by the Financial Times reveals 32 per cent of women working in asset management have experienced […]
Platforms are chasing assets in order to achieve scale but the winners of the future will need more than that The importance of scale is one of the key topics of conversation in the platform industry. Scale brings some clear benefits to platforms, such as allowing them to charge consumers less, providing the means of […]
The pensions industry has welcomed government reforms to boost auto-enrolment while raising concerns about their limited scope and time it will take to implement them. In its much anticipated review into auto-enrolment the government says it will lower the age at which people are eligible for a workplace pension from 22 to 18. The government […]