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Fledgling move for Aim stocks

The board of Gartmore’s £98m Fledgling trust is seeking a change to investment policy that would allow managers Gervais Williams and Andrew Russell to hold Aim stocks.

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No love for rating agencies

Rating agencies were the focus of the Treasury Select Committee’s inspection – or wrath some might say – this week as chairman John McFall told Standard & Poor’s, Moody’s and Fitch Ratings that they had “failed hopelessly” in their role in the sub-prime crunch.

Consumer backing for whole of market

Three-quarters of consumers believe searching the whole market for products is a key role of IFAs and less than a third believe payment options have a bearing on independence, according to Aifa research.A YouGov survey found that only 17 per cent of consumers believe advisers should have an indefinite liability for advice, with 70 per […]

Vive la difference

By failing to recognise disparities between European markets, investors risk missing good opportunities

Mystery tour

I praised him for his dogged determination at forcing the FSA to release the names of the 12 life companies found by the PIA, to have been engaged in “pre-contractual misrepresentations and in some cases a breach of contractual warranty”.

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