View more on these topics

Fidelity tops choice on fund firms

Fidelity leads the fund firms for multi-ties, with 58 per cent of IFAs including the company among their top four choices.

In a bid to consolidate its position among IFAs, Fid-elity is offering cash incentive for advisers re-registering existing holdings on its platform FundsNetwork.

Jupiter is placed second in the poll with 42 per cent and Invesco is third on 36 per cent, with New Star fourth on 26 per cent. Skandia again performs well, taking fifth with 21 per cent. Newton is sixth with 19 per cent, Gartmore seventh on 13 per cent and Artemis eighth on 11 per cent M&G on 9 per cent and Threadneedle on 8 per cent complete the top 10.

Fidelity Investments managing director UK Robin Threadgold says: “What distinguishes us from our competitors is our commitment to the fund management business and the combination of our depth and breadth of investment talent. We are delighted these attributes have been recognised.”

Thorn Financial Management director Martin Morris-Cole says: “People are inclined to look primarily at the fund manager, just the banner, when they should be looking at who manages which funds. Once a good guy leaves, the good advice usually goes too.”


Clerical scraps pension charge

Clerical Medical is axing the 1 per cent charge on stakeholder and personal pensions. In a move to increase interest in the products, Clerical will give 100 per cent allocation on single premiums of £3,000 or more invested into a stakeholder or personal pension that has at least five years to go before maturity. The […]

Try, try, Triton again

The Diary hears that naming Abbey&#39s racing yacht proved to be far from plain sailing for Park Row PR Jo Smith. As she uttered the immortal words:”I name this ship…”, she hoped it would bring her one step closer to a royal title. All that was missing was the turquoise hat and handbag. But the […]

Multi mix

Like it or not, depolarisation looks certain to become a reality in 2005. This begs a number of questions. What sort of technology proposition is likely to succeed in the multi-tie environment? How will depolarisation affect the take up of e-commerce? What requirements are providers likely to make of multi-tied advisers? This was a subject […]

History man picked as ZFS life chief executive

Zurich Financial Services Group has appointed David Sims as chief executive of the UK life insurance business following Lawrence Churchill stepping down last month. Churchill had been in charge of ZFS UK, Ireland and international business for just 18 months after joining from Unum Provident in 2002. Since the management restructuring in May, chief executive […]

Tapering of annual allowance – adjusted and threshold income

The definitions of adjusted income and threshold income used to determine whether, and to what extent, someone’s annual allowance will be reduced can be confusing.  Here we try to make sense of it all. The annual allowance will be reduced for high income individuals from 6 April 2016.  Our previous article Tapering of annual allowance […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm