“Aggressive pricing games” in the platform market could threaten the sustainability of smaller players as platform charging structures come under the spotlight. Last week, Money Marketing kick-started the debate with Alliance Trust Savings and Nucleus arguing the merits of flat fees and percentage pricing. As the only advised platform in the UK that uses flat-fee […]
The FCA will change its logo over the Summer, Money Marketing sister title Mortgage Strategy has discovered. The regulator has registered two versions of a new logo, both in its current colours, according to Intellectual Property Office filings. One contains all capital letters, while the other only capitalises the first letter of each word. An FCA […]
The FCA has said that placing responsibility on to individuals through its Senior Managers Regime will not mean that firms have a “free pass” against fines. Speaking at New York University, the FCA’s director of enforcement and market oversight Mark Steward said that while fines were not the only way to keep firms in check, […]
In this short video, Craig Inches, head of short rates and cash at Royal London Asset Management, offers his thoughts on how to preserve capital and generate income in an inflationary environment. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well […]
Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.
The Financial Services Compensation Scheme has said it is committed to stopping so-called “phoenix” firms dumping liabilities on the lifeboat fund through a strategy it is calling “prevention as well as protection”. Earlier this year, the FSCS conducted research as part of an internal policy paper on the issue of phoenxing, where financial advisers elect […]
This year has been a disappointing one for European equities Year-to-date, the FTSE Europe excluding UK index is down 5.2 per cent. This compares with a 6.5 per cent gain by the S&P 500 and a 5.4 per cent fall by the FTSE All-Share (all in sterling terms), according to FE. This performance has not […]
I recently gave a money-related talk in India. The audience comprised 80 young Indians, aged 22 to 30, attending a two-day event at a five-star beach resort, which had been organised by the firm that manages their parents’ wealth. Speakers included experts in a range of subjects, from philanthropy and business innovation, to personal development, […]