Jupiter is the fund firm that most advisers want to use the Unipass security certificate to conduct transactions with, says Origo.Research by the industry standards body shows that 53 per cent of advisers would like to use Unipass standards with Jupiter, followed by Fidelity (13 per cent), Gartmore (9 per cent), Invesco (8 per cent) and New Star (6 per cent). Cheltenham & Gloucester was most in demand for mortgages (18 per cent), followed by Halifax (14 per cent), Nationwide (13 per cent) and Northern Rock and Alliance & Leicester (11 per cent). The research comes as Origo looks at introducing Unipass in these sectors, building on its work in life and pensions. It is already in talks with the mortgage industry to facilitate electronic data standards in the sector. Managing director Paul Pettitt says: “The premise behind Unipass is simple – removing user IDs and passwords from an adviser’s working day saves them time and money.”
Openwork is offering a second tranche of its FTSE-linked structured product with Newcastle BS. It will have a five-year term and offers a capital guarantee.
Old Mutual Asset Management
Prosper 80 Bond
Do you agree that arranging proper insurance against disaster should be the cornerstone of any financial plan for a family or individual not wealthy enough to self-insure? Can you tell from all the ads that insurance generally is clearly a profitable game to be in?
Chartered financial planner status is finally a reality after the Privy Council confirmed the title can now be granted. After four years of campaigning for the move, the Chartered Insurance Institute deputy director general Bob Bullivant says the qualification puts financial advice on the same professional footing as accountants and legal professionals. He describes chartered […]
Welcome to the latest update for The Brunner Investment Trust PLC from the trust’s portfolio manager Lucy Macdonald. Market Review Global equities ratcheted higher throughout February, buoyed by optimism about global growth and corporate earnings. All regions advanced, although Japan tended to lag many other markets. In sector terms, healthcare, information technology, consumer staples and […]
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Another investment manager offering enterprise investment schemes has alerted clients of a 10 per cent drop in value for one of its portfolios following new Mifid rules. Mifid II, which came into force on 3 January, requires firms to notify clients when the overall value of their portfolio, relative to its value at the beginning of each reporting […]
The recent enquiry by the work and pensions select committee has reignited the debate about the future of collective defined contribution schemes. Whether these sort of schemes can be incorporated into the current UK pensions landscape is a moot point. Let’s consider some of the arguments for and against CDC. First of all, it is […]
Retirement interest-only mortgages are set to become more popular following the FCA removing hurdles to selling them. The regulator sees RIO mortgages as a possible aid to the waves of maturing interest-only loans with no repayment strategy. However, the FCA also wants RIO mortgages to be sold more widely, for example as an additional option […]