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OMGI and Jupiter to change pricing structures across fund ranges

Old Mutual Global Investors and Jupiter are switching from dual pricing to single pricing across their respective fund ranges, while OMGI is also introducing a fixed ongoing charge for its single strategy UK funds. Both firms say the pricing changes follow reviews and are intended to standardise their approaches with the industry. Vanguard and Axa Investment Managers also […]

Justin Cash, Editor of Money Marketing
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Editor’s note: Banks lack trust as they move from guidance to advice

If there’s one thing I’ve learned from looking at bank advice for our cover story this week, it’s that finding out exactly what everyone is doing and when is a nightmare. Each high-street name has a unique lexicon for how it refers to its services, how it explains its charges and the nature of its […]

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Sipp provider faces uncertain future as more complaints come in

Sipp provider Carey Pensions has been accused of due diligence failings over an unregulated investment firm in the latest in a string of Financial Ombudsman Service complaints. Carey posted a loss of £153,800 in 2016 due to an increase in claims. The firm said the loss was due to “a number of complaints and legal […]

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