Standard Life is calling for the FSA to order all annuity providers to publish their rates and says firms that do not make their rates publicly available are not treating customers fairly.Head of pensions policy John Lawson says annuities should be treated the same as with-profits policies where all providers are required to publish bonus […]
I know I’ve said it before, but this really doesn’t feel like summer yet – in more ways than one. The inconsistent weather seems to be echoing the state of the markets, and the financial services sector is suffering the ripple effect.
Prudential is in discussions with technology and administration providers about renting a third-party wrap.The firm says it does not want to invest in building its own wrap but hopes to come to the market next year.It does not believe it has missed the boat on wrap, saying delaying a launch has enabled it to learn […]
Nearly a third of the staff in the FSA’s enforcement division are to leave this year either through redundancy or being moved to another department, with new blood on its way.The FSA says the enforcement division’s new team and structure will be in place by the end of November with a 20 per cent net […]
Content supplied by Natixis Global Asset Management This video from Natixis Global Asset Management focuses on Active Share. One strategy for the smarter use of equity investments is ensuring you get what you pay for. According to the company, looking at Active Share can give you a better perspective on where performance comes from. Active […]
Advisers are avoiding putting all their eggs in the passives basket Few advisers have wholeheartedly taken on board the arguments for index-tracking and put all their eggs in the passives basket. Indeed, advisers are deeply split in their attitudes towards passive investing. There is no denying funds in passive investment vehicles have been on the […]
A weekly account of the curious goings-on in the world of financial services Fussy financial felines With the average salary for financial advisers continuing to grow, one has to wonder what privileges immediate family members are able to enjoy. Perhaps most important to the families that own them are cats. Thanks to Twitter, WSJ can […]