Fundsdirect has launched its Ascentric wrap service to its seven founding IFAs on the new “blue button” system from Investment Sciences. The new software supports all the existing customers of Fundsdirect, including direct clients and white-label business.
Trigold has announced that Beacon Homeloans is the latest lender to support its Enhanced Non Conforming sourcing module.Beacon joins other non-conforming providers that Trigold says accounts for over 95 per cent of the market in supporting ENC. Tirgold chief executive Bill Safran says: “Beacon is leading a new generation of lenders that have re-written the […]
Chelsea Building Society
Two Year Fixed Rate
Claim-chaser Brunel Franklin has accused Sesame of dragging its feet over paying out compensation to customers. Brunel Franklin says it has over 150 cases outstanding against Sesame, with clients waiting up to 10 weeks to receive payment. It says it was told by the Sesame claims team that there is a six to eight-week delay […]
Clients left holding dog funds have every reason to feel shortchanged
After a flat year for European equities, in which the Artemis European Growth Fund outperformed, manager Philip Wolstencroft is (cautiously) optimistic about 2016.
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The rise in IHT takings has prompted complaints around the new residence nil rate band’s impact
The Association of Investment Companies will not be hosting the new key information documents on its website saying to do so would be irresponsible. Since 1 January, Priips legislation has meant advisers have to publish a stand-alone, standardised KID to their client including performance scenarios, risks, and the total cost of products. However, trade bodies […]
The Financial Services Compensation Scheme has paid out £5.7m so far to nearly 800 customers of collapsed discretionary fund manager Strand Capital. The payments were made to 796 investors over the past two weeks. The payments related to client cash only. The compensation was paid directly into customers’ self-invested personal pensions. An administrator’s report published in […]