Was there life after the MCCB? Why would anyone want to leave the mortgage industry with all its lovely KFIs and packager wars, failing IT systems and network numbers falling short? Who would leave such matters for the green shores of Ireland? Well former-MCCB spokesperson Brad Baker did. Last week he was helping organise the fire-works display for the Tall Ships Race coming to Waterford.
Industry professionals in Europe are increasingly aware of the rapidly growing market for exchange traded funds. Originating in the US, this area of the fund management industry is, according to BGI, now worth some £182bn globally. So it is hardly surprising that our fund of funds investing solely in ETFs has emerged.
UK property giant British Land is backing the launch of an entrant into the equity-release market, Money Marketing understands. The new company, Retirement Plus, will be led by Duncan Young, founder of Household Mortgage Corporation, and Fred Paton as head of sales. Retirement Plus is aiming to launch its equity-release product, which will be a […]
Providers and IFAs paint a pessimistic picture of the protection landscape in this year’s Protection Review. The annual review, edited by Bank House Communications and Le Beau Visage, contains a raft of criticisms from industry spokesmen who say the industry is not up to the revolutionary changes needed to plug the protection gap. Bright Grey […]
Two-thirds of IFAs will not take a summer holiday this year due to work pressures. A survey by employment law firm Peninsula found that just 26 per cent of IFAs are planning a summer break. Of those who will be staying at home, 66 per cent said they are too busy to go on holiday […]
Amid significant macro headwinds in August, Mark Page explains why his fund’s focus on stock selection has helped it outperform a falling market in August. BESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswyBESbswy
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The Investment Association says that “surviving a regulator’s visit is now more difficult than ever” as it launches a course for financial firms in preparation for potential visits from the FCA. In the course prospectus the trade body says firms and senior teams are likely to “come under intense scrutiny” adding that “for many firms […]
This is my last editorial column for Money Marketing, and the last day that I will oversee the team as editor. Over the last seven years as part of Money Marketing I have seen two regulators, three governments, two advice market reviews and countless (and I mean countless) FCA consultations. Money Marketing is known for […]