Jupiter has reported a 13 per cent increase in pre-tax profits for 2017, taking its yearly total to nearly £193m. The asset manager raked in a total of £410m in revenues, with a net management fee margin of 85 basis points on average assets under management across the year of £46.2bn. Jupiter paid out £42m […]
I’ve just finished watching last night’s Channel 4 Dispatches special on the Financial Ombudsman Service. First things first, I rate Dispatches incredibly highly. I was fortunate enough to work on one of its investigations back in my journalist training, and I can attest to the intellectual and journalistic prowess of the people on that team. […]
I have noticed a new trend among advisers at conferences lately. Instead of boasting about the number of clients they have or the size of their cases, all the talk now is about how little they are working. This struck me the most when I was listening to someone extolling his recent yachting trip. The […]
Lloyds Banking Group revealed a bold three-year strategic plan last week, placing financial advice and pensions at the front of what it calls a “transformation for future success”. Shifts in the group’s focus have been high on the news radar of late, with its pensions arm Scottish Widows also set to review its asset management […]
In recent years, a popular narrative about the global economy has been that it is ‘stuck in a low gear’, with central banks unable to tighten policy. As recently as a year ago, there was much talk about the pros and cons of negative interest rates. This year, however, instead of a barrage of media […]
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