The FSA has banned Bridgewater House UK director Matthew Sixsmith from holding senior positions in the financial services industry after failing to separate clients’ premiums from the firm’s capital, which cost clients almost £85,000.
Fidelity plans an initial capital raising of £630m for Anthony Bolton’s China special situations investment trust.
Ascentric is planning to introduce an admin charge from April for funds on its platform with low assets under administration.
Repossessions were 15 per cent higher in 2009 than the year before but significantly lower than the Council of Mortgage Lenders’ forecast earlier in the year.
Santander is reportedly considering a UK and US stock market flotation.
This guide from Johnson Fleming, entitled ‘Choosing an auto-enrolment provider’, will take you through some key questions you need to ask and what information you want to be finding out in response to these.
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Justin Modray says the RDR will make little difference in the way most advisers are paid.
M&G is merging its Global Leaders fund into the Global Themes fund in the wake of a review resulting from fund manager Aled Smith’s decision to step down. The proposed merger has been approved by the regulator but is still subject to approval from shareholders. The Global Themes fund will continue to be managed by […]
Face-to-face advice still holds a firm place in serving clients, despite an increasing demand for mobile and remote services in adviser practices. Research from consolidator Fairstone from November shows there has been a 10 per cent decrease in the use of face-to-face financial advisers over the past seven years. However, advisers speaking to Money Marketing […]