Legal & General has appointed Martin Noone as protection sales director. He will be responsible for protection sales through the IFA channel. Noone previously ran Bupa’s individual protection and group risk sales operation.
Hargreaves Lansdown head of pensions research Tom McPhail says Resolution’s pension policyholders could end up with a poor deal on annuities if the life company’s merger with Friends Provident goes through.One of the proposals of the £8.4bn merger between Resolution and Friends is that Resolution pension investors would be offered Friends Provident annuities but McPhail […]
Old Mutual Asset Managers is to streamline its fund range in a move that will see charges rise on some products and its managers given the ability to adopt Ucits III powers.The company is planning to convert its unit trust into Oeics in September and use the opportunity to amalgamate six funds that are either […]
In the five years since we launched the Artemis Global Income Fund, its manager Jacob de Tusch-Lec has built a distinctive portfolio that is first among its peers. Here he explains why his “quality, cyclical and value yield” stocks, and flexible approach, leave the fund better placed to benefit from uncertainty than funds that depend […]
The advice industry must grow out of old habits and move on from these worrying arrangements I will always remember the day I got my first bicycle. I was four years old, still in short trousers and my dad led me out into the courtyard of our block of flats to show me my birthday […]
MPs on the Treasury select committee have slammed the Financial Ombudsman Service’s plans for how it will review past cases for evidence of poor decisions. FOS is planning to review decisions made soon after it reorganised in 2016, and has provided details of its proposed methodology to committee chair Nicky Morgan. FOS has outlined a […]
Money Marketing has spent a lot of time with lawyers over the past few weeks. It’s pretty rare that a challenge to a Financial Ombudsman Service ruling goes all the way to the High Court, but that’s exactly where Sipp provider Berkeley Burke has taken its judicial review of a decision, essentially holding it accountable […]