Money Marketing has launched a podcast service on its website featuring a three-part interview with outgoing Aegon pensions development director Stewart Ritchie. It can be found at www.money marketing.co.uk/podcast
Money Marketing stated last week that Norwich Union provides back-office support to the Nucleus wrap. We are happy to clarify that Nucleus’ back-office support is provided by Scottish Friendly, the firm that Norwich Union has agreed to outsource its wrap proposition to.
What does a well-diversifed portfolio look like? What were the quarterly trends in model portfolios in Q4 2015? The Portfolio Barometer highlights trends uncovered by analysis of 210 model risk-rated portfolios managed by UK financial adviser and wealth management firms in the three months from October to December 2015. The model portfolios under review were […]
The pound has edged higher on the news prime minister Theresa May might achieve a breakthrough Brexit deal. Yesterday the story broke that a draft deal between UK and EU negotiators was in the pipeline and the pound rose 1.4%, trading at $1.3036 against the dollar and reaching €1.1542, a near seven-month high, against the Euro. The […]
Intrinsic wealth network managing director Stephen Fryett is set to leave the business the business in mid-2019. Fryett has been with Intrinsic since its formation in 2005, initially as network sales director before becoming managing director of the wealth network in 2016. Fryett overlooked investment and pension advisers at the wealth network. The company said […]
The FCA has banned the boss of a debt management firm who used client money to purchase his business. Darren Lee Newton is the former owner of First Step Finance Limited which he acquired for £322,500 in 2013. The amount was transferred to First Step’s prior director Christine Whitehurst directly from new clients’ accounts, despite a shortfall in client […]