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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The Government should make it easier for advisers to sell products that blend income drawdown with insurance to meet future care costs, according to former pensions minister Steve Webb. A paper published today by Royal London calls on the Government to introduce policy changes which allow new products to be created that pay for long-term […]
Independent governance committees at big-name pension providers are failing to safeguard the interests of savers and the FCA must take action, fresh research finds. In 2015, the FCA required contract-based pension providers to appoint IGCs to act as champions of savers’ interests. IGCs are required to publish annual reports to increase transparency and encourage comparison […]
The FCA is reviewing the content of its pension transfer specialist examination standard in light of recent issues with pension transfer advice, Money Marketing understands. The regulator does not offer qualifications but it does have a role in setting standards for exams and publishes “appropriate examination standards” guidance. Money Marketing understands a working group, mostly […]