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Fund mergers at Insight

Insight Investment is merging its US portfolio and global dynamic managed funds to create the diversified dynamic return fund in October. It is also merging its UK equity income portfolio into its diversified high income fund.

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OK, I too thought infrastructure sounded a really rather dull topic but when you dig a little deeper, you realise that First State could be on to something with its global infrastructure fund.What constitutes infrastructure? It gives the manager a wider remit than you might think as it encompasses both economic and social infrastructure.Economic infrastructure […]

FSA’s move to fees will just end in tiers

I was astounded to read that the FSA has deemed it their right to take away from members of the public how their advisers should be remunerated. I am equally astonished that the so-called Association of Independent Financial Advisers is backing this arrangement by setting up courses to explain to IFAs how they can persuade […]

Sub script

It looks as though we cannot entirely escape America’s sub-prime woes after all as the ripple effect works its way across the Atlantic. After months of sub-prime troubles in the US, the contagion is now affecting the UK, first, via jitters in the stockmarket and now through sub-prime lenders refusing to provide funding to new […]

Davy wants grandfather route into PFP category

SimplyBiz chairman Ken Davy is calling for all advisers with three years’ exper-ience and an unblemished claims’ record to be included in the professional financial planner advice category proposed in the retail distribution review.He says that the PFP definition put forward in the RDR is too restrictive and believes that plans for the general financial […]

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