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Fund firms join online forum for networks

Tenet Group is starting an online investment forum for M&E and Interdependence network members in partnership with Fidelity, Jupiter, Invesco and Gartmore.

The forum will offer investment reports and analysis, fund prices and news, provided through fund supermarket FundsNetwork.

Workshops and regional development meetings will also be held for members.

Jupiter Unit Trust Managers director of strategic alliances Simon Hynes says: “Jupiter is committed to the pursuit of long-term performance for all clients. We are keen to distribute to quality IFAs through proactive support of a select number of strategic partnerships.”

Fidelity Investments head of nationals and networks Paul Bayliss says: “We are strongly committed to supporting the UK IFA network community, both as a fund provider and through our fund supermarket platform, and look forward to working closely with Tenet on this initiative.”

Invesco Perpetual head of distribution Mike Webb says: “The way in which our UK-based distribution structure is organised is entirely driven by our commitment to working with intermediaries and maintaining an open, realistic and straightforward dialogue.”


More charity, vicar?

Solihull IFA Adrian Smith & Partners is calling on the Government to give tax relief to charities on company donations. Registered charities can claim back tax on individual donations made under the Gift Aid scheme and AS&P believes the same concession should be made on company donations as well. The IFA recently celebrated its fifth […]

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35 per cent of IFAs support distribution funds – AXA

Over a third (35 per cent) of IFAs back distribution funds as a core investment for investors&#39 portfolios, according to research from Axa. The research shows 44 per cent of IFAs feel distribution funds are either very attractive or attractive as a key component of an investor&#39s portfolio. Fifty one per cent of IFAs expect […]

Asking prices falling as more properties stay on the market

The average asking price for a house in the UK fell by 2 per cent in the past month, according to data from market analyst Rightmove. The company says the fall is likely to have been caused by the series of int-erest rate rises. The average property price fell from £196,198 on July 10 to […]


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