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BlackRock tops 2015 retail fund sales chart

BlackRock saw the highest number of gross retail sales in 2015, according to the Pridham Report, with the popularity of its mixed asset funds helping push gross sales up 8 per cent on 2014. Across the board gross retail fund sales reached a new record in 2015, although net sales dropped to their lowest level […]

Platforum head of intermediary research Miranda Seath

Platform focus: Can Novia continue to steal a march on its rivals?

Novia continue to steal a march on many of its peers by forging ahead with bringing discretionary fund managers onto its platform It offers access to a wide range of DFMs: currently 60 and counting. In this week’s platform focus, we take a look at why it has been so successful in attracting DFMs and […]

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Tory MP calls for salary sacrifice cap in radical savings overhaul

A Conservative MP has called for a £10,000 restriction on salary sacrifice and a new 30 per cent flat rate of pension tax relief to deliver £10bn in annual savings for the Government. Work and pensions committee member Craig Mackinlay proposed the reforms ahead of Chancellor George Osborne’s own plans for tax relief, due to […]

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Standard Life reveals directors’ pay deals

Standard Life has revealed the details of its directors’ pay packages, with former chief executive David Nish continuing to be paid his £835,000 salary while on gardening leave. Nish’s notice period began on 1 July last year and he is now on gardening leave until 31 March. He is also eligible to receive a bonus […]

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