A growing problem is how to compare performance after fees. Total expense ratios have become a standard way of comparing funds on a cost basis and although there are flaws in the system, at least it provides some point of commonality.
Insurance application outsourcing firm MorganAsh says it is worried over the quality of Bright Grey’s online application system after the provider admitted that large numbers of applicants are having to make material changes to their forms.
The continuing fall-out from the Competition and Markets Authority’s (CMA’s) review, the rise of the private GP and digital engagement will be the primary focuses in the private healthcare industry during 2015, according to Iain Laws, managing director, healthcare and group risk, at Jelf Employee Benefits.
Brewin Dolphin saw drops in both assets under management and income last quarter, according to its latest trading statement. Total funds closed at £39.5bn – a 7.7 per cent drop, and discretionary funds reduced by 7.2 per cent to £34.9bn. The company attributed the drops to negative market movements, with “Red October” having an impact […]
Advice firm consolidator and discretionary manager Harwood has reported revenue growth of 26 per cent as it eyes further acquisitions in the year ahead. Results for the year to 31 October 2018 released this morning show that acquisitions have seen assets under management grow from £1.2bn to £1.7bn, an increase of 42 per cent. Revenue […]
AJ Bell has reported a slowdown in defined benefit transfers onto its advised offering as it becomes the latest platform to report a fall in assets under administration after a volatile fourth quarter. Results this morning show that the platform benefited from £600m in DB transfer inflows in the quarter to December 2017. This fell […]