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Gautier leaves Fidelity growth

Fidelity’s UK growth manager Frederic Gautier is leaving and will be replaced by analyst Carlos Moreno.

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SimplyBiz claims regulator has big-firm bias

SimplyBiz has accused the FSA of being biased towards bigger adviser firms after what it calls the regulator’s lenient approach to recent capital adequacy problems at Millfield and Berkeley Independent Advisers. It has written to the regulator asking why bigger firms enjoy preferential terms on minimum turnover. Compliance services manager Tim Grey says this is […]

Downing VCT takes cautious approach

Downing is introducing a further two venture capital trusts before the April deadline, including a protected product aimed at more cautious investors. It hopes to attract 40m for the Downing VCT4 and Protected 5 VCT. The Protected 5 VCT will be more cautiously managed and focus on capital preservation, with wind-up expected in around five […]

Hips could eat up the PI

Advisers who offer home information packs could be exposed to liabilities due to insufficient professional indemnity cover, warns PYV chief executive Neil Pointon. Pointon says brokers offering Hips to clients to secure new business will not be covered for mistakes in the packs by their existing PI policy. He says: “If advisers do get involved […]

Huge surge in women registering for Cergi

The Institute of Financial Services has seen a massive surge in the numbers of women registering for its general insurance qualification. The IFS says almost 2,000 registrations have been received from women for the single-module qualification, representing about 40 per cent of the total number of candidates. Cergi is a self-study qualification, with one module […]

Five ways to invest in the connected world

Smart utility metering; fitness trackers; connected cars; smart factories; precision agriculture: the internet of things encompasses myriad applications. But how do you gain exposure – and profit – from this growing trend, asks Neptune fund manager & CTO Ali Unwin. Read more: Important information Investment risks Neptune funds may have a high historic volatility rating […]

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