View more on these topics

Morgan Stanley

The group’s £6m UK equity fund has underperformed by 10 per cent over the past three years.

Modray says this proves that large resources are no guarantee of success.

A Morgan Stanley spokesman comments that the fund is not marketed and has “minimal assets”.


Resolution vows to fight Pearl bid to derail deal

Resolution says it is prepared to change the terms of its agreed merger with Friends Provident to drive through the deal and fend off any threats from Pearl Assurance.Chairman Clive Cowdery told the stockmarket that Resolution will switch the terms of the deal from a merger to a takeover, which would reduce the number of […]

Ascentric signs up 100th adviser

The Ascentric Wrap has signed up its 100th adviser with 35 firms now using the platform.This is an increase on the 60 advisers from 22 firms that Ascentric had on board in March this year. Adviser firms that are using the wrap include Barmac Asset Management, Church Hill Finance, Edison Wealth Management, Financial Minefield Gold […]

FSA to keep monitoring lenders’ exit fee stance

The FSA has updated on how mortgage lenders have responded to concerns that mortgage exit administration fees have been increased unfairly.It has found that most major lenders have opted either to charge a fee that cannot be varied during the lifetime of the mortgage or to remove the exit fee altogether. Other lenders will charge […]

‘How to…audit your auto-enrolment scheme compliance’

Avoid pension penalties with our auto-enrolment checklist

According to the Pensions Regulator’s annual commentary and analysis report released this month, 785 potential non-compliance cases were referred for investigation, with 23 auto-enrolment compliance notices issued. And they predict that the use of their statutory powers is only going to increase.


News and expert analysis straight to your inbox

Sign up


    Leave a comment