The Financial Services Compensation Scheme has so far received claims of an estimated £140,000 from clients of Kilminster Financial Management Limited, the network which went into liquidation last July.
The first glimmer of hope has appeared for investors in George Luckraft’s Axa Framlington Monthly Income and Equity Income funds as performance begins to turn.After two years of dire returns, the funds are moving up the rankings in the Investment Management Association (IMA)’s Equity Income sector. Equity Income was down 6.9% over the three months […]
It is one of the (very) few things Donald Trump and Hillary Clinton agree on: the cost of healthcare in the US must be brought under control. Simon Edelsten, manager of the Artemis Global Select Fund, explains what this means for investors. Click here to read the full article
Firms believe the crime consumers are most at risk of is pension liberation fraud, according to the FCA’s first annual financial crime survey published today. The study of over 2,000 UK firms in 2017 gives a collective view of the activity being undertaken by firms to combat financial crime across the industry for the first […]
Increasing regulatory requirements and the quest for greater efficiency are leading more advice firms to bring in outside expertise A combination of regulation, legislation and improvements in technology are encouraging advisers to develop more rigorous and consistent processes. Recent research we undertook found over two-thirds of advice firms now operate a centralised investment proposition, showing […]
I have always been very pleased to count myself as one of the contributing IFAs here at Money Marketing. I find the whole process of writing this column thoroughly enjoyable and more than a little cathartic. However, I also feel quite a weight of responsibility, which sometimes makes writing certain pieces a little difficult. Just like […]