Not content with enlightening us about the delights of the Hainault Sunrise, a new cocktail based on the unique and beautiful colouring of the Essex dawn, those kindly folk at Polhill have sent the Diary all the ingredients to make said tipple – vodka, bacardi, grenadine, orange juice, a dash of sugar and a twist of lemon.
The FSA says its investigation into the hedge fund industry will report at the end of the second quarter. The probe, launched in January, has involved visits to hedge fund firms, checking dealing data and taking written submissions from fund managers.
Mark Martin, Manager of the Neptune UK Mid Cap fund Brexit news has caused a wave of turbulence across financial markets, with both UK equities and sterling plummeting in the immediate aftermath. UK mid-caps have borne the brunt of the selling so far, with housebuilders and banks being two of the worst performing sub-sectors. However, for […]
A life expectancy tool that assesses longevity based on information including a health assessment from a qualified nurse is aiming to help advisers with defined benefit pension transfer advice. The FCA introduced a rule this year that advisers making a recommendation on a DB transfer must plan for a client living a “reasonable” period beyond […]
Discretionary fund manager charges have come under increasing scrutiny since the FCA launched its platform market study in July last year. The regulator is currently looking at the role of DFMs in the value chain to see if their charges are justified, with the results expected to be revealed later this summer. Money Marketing has […]
Once upon a time, almost every adviser entered the profession via major banks and providers. These players encouraged staff to take professional exams, providing a rich seam from which firms could mine an endless stream of young candidates keen to move into the more demanding independent advice sector. Once RDR took effect, we lost that […]