Former M&G global technology fund manager Greg Kerr has joined New Star to run the US equities mandates in its family investment accounts and work in its institutional team. New Star has also appointed Jorry Noeddekaer from BankInvest to work in its Asian team.
Former M&G global technology fund manager Greg Kerr has joined New Star to run the US equities mandates in its family investment accounts. Jorry Noeddekaer joins from BankInvest for New Star’s Asian team.
The FSA says advisers could be caught in a “spiral of decline” because of falling revenues and increasing oper- ating costs. In a paper charting the risks posed to the financial serv- ices sector, the FSA admits that the burden of regulation it imposes, including depol- arisation changes and the treating customers fairly initiative, is […]
Michael Lord has taken over as head of mortgages and credit unions in the small firms division of the FSA.He replaces Andy Watson who has left the FSA.Lord will continue to look after the investment department in the small firms division until February 20. He will be succeeded in the role of head of investments […]
Lenders are being warned that they risk falling by the wayside if they ignore the internet. Pink Home Loans managing director Tony Jones claims that banks and building societies which fail to build technology that helps transactions for brokers will lose business. Jones says: “The internet is becoming increasingly important. It was nice to have […]
President-elect Trump has suggested withdrawing from the North American Free Trade Agreement (NAFTA) and ending negotiations over the Trans-Pacific Partnership (TPP), albeit there is considerable uncertainty over what he will, or even can, do. If one of the main consequences of the election of Donald Trump is US protectionism, it’s worth considering who stands to […]
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As the outlook for the UK’s economy remains uncertain, how can advisers prepare portfolios for any change in inflation? As higher inflation fails to appear on the horizon and wages grow faster than expected, fund managers are weighing up their portfolio moves for any potential changes in the economy. The UK consumer prices index rose […]
IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]
Hartley Pensions has bought the “untainted” assets of the Lifetime Sipp Company, which went into administration earlier this year. An update published today on the website of Lifetime’s administrators Kingston Smith & Partners says Hartley Pensions has also agreed to administer the tainted Sipps held by Lifetime Sipp. The administrator described tainted assets as those where […]