The Diary was concerned to read a headline in a national news paper suggesting that “FSA’s gold-plated rules threaten abattoirs”.However, on second glance, it appears that the long arm of the regulator has not stretched into monitoring the slaughter of animals and it was just another of those old Food Stan-dards Agency mix-ups. The Diary was amused – well, it’s been a slow week – to see that the Forum of Private Businesses’ food spokesman is fittingly called Bob Salmon.
The Schroder US small and mid cap fund, formerly the Schroder American fund, aims for growth by investing in under-researched elements of the US small and mid cap market.
It is possible to learn quite a bit about the advice that consumers get if one samples the advice being given to around 2,000 of them a week.
Collegiate Insurance Brokers is teaming up with Selestia and Old Broad Street Research to offer a risk management tool to help IFAs negotiate better PI terms.
JP Morgan Fleming Asset Managment is to change its name to JP Morgan Asset Management, dropping the Fleming brand which has existed since 1873. Fleming was sold to Chase Manhattan in August 2000 for 4.9bn.
75% of wealthy unaware of new residence nil rate band IHT allowance Just 4% were aware the new allowance will be up to £175,000 per individual Lack of awareness of IHT rules means families risk paying a bigger bill than they need 83% think the current inheritance tax rules are far too complex A remarkable […]
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]