View more on these topics

GBST signs platform technology deal with Fidelity

Fidelity Worldwide Investment has signed a deal with platform technology provider GBST to provide administration and registration services.

Last week, an announcement on the Australian Stock Exchange confirmed GBST would provide its platform technology to Fidelity.

The announcement says: “GBST confirms it has signed a long-term contract with Fidelity Worldwide Investment for the delivery of its flagship GBST Composer administration and registry solution to the Fidelity business within the UK.”

GBST Wealth Management chief executive Rob DeDominicis says: “GBST is enjoying strong momentum at the present time. This new appointment by Fidelity Worldwide Investment shows we are set to continue that momentum.”

GBST provides underlying technology for the Novia, AJ Bell and Aegon Retirement Choices platforms.

Investment Quorum chief executive Lee Robertson says: “Most firms are looking at outsourcing parts of technology to strengthen their proposition and it is a trend that is set to continue.”


Unchanged Libor ‘not a viable option’

The Wheatley Review into Libor has ruled out leaving Libor unchanged, given the weaknesses and loss of credibility the inter-bank lending rate has suffered. A Treasury discussion paper, published last week, calls for the rate to be “significantly strengthened” and for the governance of Libor to be made more robust and transparent. It also calls […]


MAS referred 0.3% of web visitors to advisers

The Money Advice Service referred less than 1 per cent of consumers who visited its website in 2011/12 to a financial adviser. The MAS’s first annual review, published yesterday, outlines how it is delivering on its key areas of money advice, co-ordinating debt advice and financial education. Based on a total of 1.1 million website […]

Brooks Macdonald subsidiary to manage new launch

Bramar Estates, the property subsidiary of Brooks Macdonald Group, has been appointed as property manager and adviser to the Ground Rents Income fund. The Ground Rents Income fund is a newly-launched closed-ended fund, listed on the Channel Islands Stock Exchange, that is to acquire a portfolio of freeholds and head leases. The fund – which […]

Ashcourt Rowan hires ex-SLI head of funds research

Ashcourt Rowan has appointed Alan Scrimger as head of funds research. Scrimger will report to chief investment officer Toni Meadows and will join the eight-strong research team. He will have responsibility for enhancing the group’s fund research capabilities. Prior to joining Ashcourt Rowan, Scrimger worked at Standard Life as head of funds research. He was […]


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