View more on these topics

Fundsdirect sets up talks on wrap deal

Fundsdirect will give IFAs a glimpse of what its wrap prod-uct will look like in a series of workshops in November.

The wrap platform provider has been marketing its proposed product for six months and sales director Rikos Leong-Son admits that intermediaries have become impatient with the promise of the wrap.

Fundsdirect is still developing the sources and systems for what it believes will be the first complete product wrapper. It is expected to include funds, Peps, Isas, property and life and pensions.

A “soft” launch of the product with six IFA firms will begin next year before it is launched formally in quarter two.

Leong-Son says: “IFAs are getting impatient. That anxiousness is a good thing and shows that they are looking forward to the product we are dev-eloping. They can see that what we are going to offer will be the only complete wrap product.”


Buy-to-let is long term investment

Property investors should consider buy-to-let as a long term investment based upon capital growth rather than an opportunity to make a quick buck, says investment property mortgage broker Mortgages for Business. Managing director David Whittaker says: &#34Like all investment opportunities, investors should be cautious of schemes offering to make millionaires with little or no outlay […]

Just Retirement joins the Exchange annuity service

IFA portal the Exchange has re-designed its annuity service and specialist enhanced annuities provider Just Retirement, has joined the service. The total number of providers available through the portal is now 16.

NU seeking to fund 50% growth in market share

Norwich Union is looking to raise £1.7bn through the securitisation of its equity release and protection books to fund a growth in market share of over 50 per cent. Speaking at an analyst&#39s conference, NU chief executive Gary Withers said he expects the UK life and pension industry to grow by 25 per cent by […]

Schroders joined by Sutton

Julian Sutton has joined Schroders&#39 multi-manager team as a senior fund manager from Credit Suisse Asset Management. His appointment comes just one month after the launch of Schroders&#39 multi-manager funds and brings the multi-manager team to six. Sutton will be responsible for analysing and monitoring investment funds, including Schroders&#39 S&P strategic balanced and S&P high […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm