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 work and pensions select committee is calling on the Government to ban pension cold-calling through the Financial Claims and Guidance Bill next year, as well as making people either take or opt out of guidance before accessing their pension. The committee opened an inquiry into pension freedoms in September and has published its report […]
Asset managers have been branded “arrogant and complacent” by the academic tasked with creating a new template for fund costs and charges. Transparency campaigner Chris Sier, who is chairing the regulator’s disclosure working group, has told The Times that he estimates £35bn a year is being overcharged from pension funds in hidden costs. On those […]
Only a fraction of advisers that are qualified to sell equity release products actually do so, new research suggests, as one provider says this is because advisers like to ‘collect exams’. According to equity release specialists Pure Retirement, around 9,000 advisers in the UK are currently qualified to offer equity release, yet just 500 to […]