A House of Lords select committee has been set up to investigate the FSA. The probe will explore the working methods of the regulator and their effectiveness.
Barclays Wealth has appointed Alexis Xenophontos as the chief operating officer of its investment & product office. Xenophontos joins Barclays Wealth from the investment solutions division of UBS Global Wealth Management & Business Banking. He will commence the new role on February 1 2007 and will report to the firm’s chief investment officer and head […]
Misys says it is expecting Sesame’s network to see a drop-off in numbers in favour of multi-tie proposition Sesame Select.The group, which last week issued its interim results for the six months to November 30, 2006, says there are curr-ently 1,450 registered individuals signed up to Sesame Select and it expects this will lead to […]
Fundsnetwork is amalgam-ating its sales and market-ing teams. Head of sales Simon Burgess and north regional sales manager Jacki Platt are leaving. Head of marketing Rob Fisher will run the team and further job cuts are expected.
The Financial Services Compensation Scheme is pursuing precipice bond providers for up to 30m in an effort to recover cash paid out on misselling claims where the adviser firms have gone bust.Letters have been sent to relevant providers in the last month, signalling the FSCS’s intent to recover the money it has paid out to […]
New research has proven the positive impact that protection, health and wellbeing (PH&W) benefits have upon a business.
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
It is encouraging to see the FCA close in on lazy fund management, but more needs to be done Without fanfare, the FCA has confirmed its intention to punish lazy fund management. Several groups have been persuaded into voluntarily compensating investors who bought their beta-posing-as-alpha products, otherwise known as closet trackers. The regulator suggests that […]
Ex-GBST man and FinoComp chief executive Ray Tubman on the need for a brave new world of interoperability Platforms running on proprietary technology often see this as a competitive advantage, even if it is expensive to run. But ex-GBST man and now FinoComp chief executive Ray Tubman does not believe outsourcing is the poor relation. […]
Ahead of speaking at Money Marketing Interactive in May, founder and director of The Yardstick Agency Phil Bray gives tips on how advisers can improve their public image and why the FCA should rethink their plans for the register On a scale of 1 to 10, how optimistic are you about the advice market for […]