Syndaxi Chartered Financial Planners managing director Rob Reid wants the Investment Management Association and the Association of British Insurers to work with International Organization fro Standardization to improve fund classifications.
T Bailey’s proposal to change the benchmark of its growth fund from a composite benchmark to the IMA global growth sector average has been approved by 94 per cent of unitholders. The change follows feedback from advisers who felt it would be easier to monitor the fund’s performance against its peers using the sector average. […]
Advice giant St James’s Place will block access to its investment platform for 10 days while it migrates services to a new provider. SJP tells Money Marketing that the work will affect online service ability for clients between 19 October and 29 October. A spokesman says: “SJP will carry out essential maintenance to our systems as part […]
This summer saw the S&P 500 rule headlines for enjoying the longest-running bull market in history. Yet, as per the old adage, what goes up inevitably comes down, and it is the job of advisers to manage clients’ portfolios accordingly – either directly or via the third-party investment services they use. A crude assumption might […]
There is currently no minimum qualification level, but the majority of advisers think this needs to change The role of the paraplanner is a relatively new one and its definition and responsibilities can differ hugely between firms. According to the Chartered Institute for Securities and Investment, the role can be broken down into four key […]