Save the Suffolk Life avocet! Such was the cry echoing throughout the Diary's habitat at hearing the Ipswich-based Sipp provider is looking to axe the bird, also known as the”cobbler's awl” due to the similarity between its curly beak and a shoemaker's tool. The Diary hears Suffolk is concerned at confusion between its Sipp product […]
Credit Suisse Asset Manage-ment's multi-manager team is marking its third anniversary by going on the road in Sept-ember to talk about multi-manager investing. Multi-manager services joint heads Gary Potter and Robert Burdett will be hosting roadshows throughout Sept-ember analysing performance, discussing the investment and market outlook and talking about which managers they think will be […]
The Chartered Institute of Personnel and Development says the CBI's pensions paper leaves questions unanswered. The CIPD wants to see a wider debate on pensions from the industry in order to achieve a workable consensus on the changes that need to be made to to tackle pensioner poverty and how this should be funded.The CIPD […]
Kensington is launching a new lender, Money Partners Limited, which will offer a range of firstand second-charge mortgage products via introducers which do not currently recommend Kensington products. Kensington finance director Simon Kingdon will be moving to MPL as finance director. He steps down from the Kensington board on October 1. Kensington will acquire the […]
Employees at Johnson Fleming, in Bromsgrove, Worcestershire, are looking forward to trying out some dramatic new hairstyles on Wig Wednesday. A host of colourful wigs will brighten up the office on 20 May as staff support children and young people with cancer.
Consumers spend far more time concerned with their day-to-day banking and budgeting than they do thinking about their long-term savings Aberdeen Standard head of retirement Gregg McClymont’s recent Money Marketing column correctly identifies the challenge of achieving consumer engagement with pensions. A pensions dashboard solely accessible via the single guidance body is doomed to failure even before […]
Newell Palmer has bought Macclesfield IFA The Acumen Investment Partnership, its 50th acquisition since being set up 25 years ago. The deal adds £35m in funds under management. Acumen’s 119 clients will be serviced by advisers at Newell Palmer’s Wolverhampton office. Acumen senior partner Nick Cosby is retiring from the business. Newell Palmer finance director Kevin […]
With nearly a year and a half still to go until the FCA’s deadline, fund groups are already lining up how they will deliver the prescribed value statements to clients. As part of its asset management market study earlier this year, the FCA imposed a new requirement on asset managers to review and document to […]