Standard Life has appointed Kenneth Andrew as marketing director of its investment management company, to be launched next month. Andrew has more than 25 years experience in financial services, having held senior management positions at NatWest and Chase Manhattan.
Legal & General has appointed Richard Verdin as a marketing manager for its housing events team with responsibility for product development, promotional campaigns and distribution channels.Verdin was formerly a director at mortgage IFA Donnellsons.
Money Marketing has been voted the best life insurance trade publication for a staggering third successive year by the press offices of member firms of the Association of British Insurers.Darren Behar, Money Marketing news editor, picked up the award for best journalist writing for a life insurance trade publication at the ABI's annual media awards […]
Henderson Geared Income & Growth Trust fell 9.2 per cent in the six months to the end of August.Net asset value per income ordinary share fell by 15 per cent in the same period.Henderson blames the poor performance on gearing which means that the shares suffer in a falling market.But the quarterly dividend rate has […]
The IFA Association and the Institute for Financial Planning are forming an alliance to create a professional body solely for IFAs.The two trade bodies want to make the Certified Financial Planner qualification a 'hallmark of quality' for IFAs. The IFAA believes that the initiative can improve standards and help IFAs combat the poor publicity they […]
Capital Market Notes, December 2016 David Lafferty, Chief Market Strategist, and Dave Goodsell from Natixis Global Asset Management’s Durable Portfolio Construction Research Centre, assess how institutional investors view central bank policies from across the globe. Read the full article here:
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Phoenix is set to shed roles in a redundancy round following its decision to buy parts of Axa’s business last year. The closed-book provider snapped up Axa Wealth businesses Embassy, its off-platform investment and pension division and Sun Life, its direct protection business, in a deal signed last May, before also buying rival closed-book operation […]
Hargreaves Lansdown has removed Paul Chesson’s Invesco Perpetual Japan fund from the Wealth 150 list of recommended funds due to its volatile performance. Chesson, head of Japanese equities, has run the £318m fund since 2000 and takes a high conviction, contrarian approach to investing. Investment analyst Dominic Rowles says that while this has led to […]
Firms will not necessarily have to advise on every relevant investment product but it will be difficult to discount structured deposits