The Investment Management Association’s annual survey reveals its members run over £3.1trn for clients. Of £650bn under management for retail clients, over a third is domiciled in Luxemburg, Dublin and other overseas locations.
The manager of the New Star European values fund tells how he made a life-changing decision to take on the role but how the contrasting styles of the European team will drive the fund forward. He talks to Chris Salih about his method of stock selection which he has developed over the years
Scottish Provident has updated its critical-illness definitions timeline to include the Association of Brit-ish Insurers’ critical illness standard definitions, released this year.The timeline outlines the insurer’s current definition for each illness and details all the past definitions that it has used since the product was launched.ScotProv says that it is the only insurer offering such […]
A life expectancy tool that assesses longevity based on information including a health assessment from a qualified nurse is aiming to help advisers with defined benefit pension transfer advice. The FCA introduced a rule this year that advisers making a recommendation on a DB transfer must plan for a client living a “reasonable” period beyond […]
Discretionary fund manager charges have come under increasing scrutiny since the FCA launched its platform market study in July last year. The regulator is currently looking at the role of DFMs in the value chain to see if their charges are justified, with the results expected to be revealed later this summer. Money Marketing has […]
Once upon a time, almost every adviser entered the profession via major banks and providers. These players encouraged staff to take professional exams, providing a rich seam from which firms could mine an endless stream of young candidates keen to move into the more demanding independent advice sector. Once RDR took effect, we lost that […]