Misys says its performance is in line with expectations ahead of its full year results.
In a trading statement issued today, executive chairman Kevin Lomax says overall group revenues are expected to be down 10 per cent on last year.
He says: “Misys' performance as a group is in line with expectations. In Sesame there are signs that the environment may be improving, but we are also investing in the delivery of new market offerings ahead of the various regulatory changes expected at the turn of the current calendar year.”
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Adding up the bill
In my last article, I considered the severe challenges facing the UK in funding pensions for today's and future pensioners. In this article, I assess the actions that the Government is pressing for and take a view on whether these measures will stimulate the growth of pension savings. Simple tax legislationThe Treasury published proposals last […]
New Lighthouse division to target corporate pensions
Lighthouse Group is bringing its 50 most expert pension advisers into a new division which will target the corporate pension market. Lighthouse Corporate Benefits will target small and medium-sized firms with a range of employee benefits solutions. Fifty of the firm's advisers – either G60 qualified or with an AFPC qualification – will be jointly […]
Aifa says menu has become complex
Aifa has criticised the FSA's proposed menu saying it has become overly complex and is in danger of losing its key message in its response to CP04/3: Reforming Polarisation: a menu for being open with consumers. Aifa says an overly complex menu will not be read by consumers, also criticising it for having a disproportionate […]
Axa chief rules out a bid for 'failed' Standard
Standard Life has been branded a failure by the global boss of rival insurer Axa who claims that Standard will be limited in the future over what it can do to remain competitive. Axa group chief executive Henri de Castries has denied that the company would be interested in buying Standard Life, shooting down rumours […]
Leading Edge – April 2017
There is little doubt 2017 will be a year of political uncertainty. Leading Edge is Royal London Asset Management’s regular review of investment markets. This edition explores some of the impacts that this uncertainty is having on investors, from the pitfalls of prediction within UK equity investing to the dangers of opting for convenience over […]
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Intrinsic chief: Advisers must become their own champions in 2019
The heralding of a new year is often positioned as an opportunity to make commitments for the next 12 months. People have the best of intentions as they declare they will exercise more, have a better diet or be kinder. Inevitably, as tumultuous events begin to unfold, however, these promises often fall by the wayside. […]
How advisers invest: ‘It’s best to leave investment and stock picking to the experts’
Beaufort Financial’s Nottingham director Gurmit Nahal on why she outsources investment management and how it enables her to focus on holistic financial planning and strategic oversight of portfolios Do you take care of your investment management in-house, outsource it to a third party or combine both approaches? Why do you do it that way?We outsource […]
Five minutes with…Balance Wealth’s Rebecca Aldridge
Ahead of her appearance at Money Marketing’s flagship conference, Money Marketing Interactive this April, CISI award winner Rebecca Aldridge looks at making numbers more exciting and getting advisers and fund managers on the same page What one word or phrase do you think sums up the state of the financial planning profession today? Over-doing disclosure. Well-intentioned […]
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