MM deputy editor John Greenwood is now officially the daddy, after his wife gave birth to their first child last week. The near-9lb strapping boy is as yet unnamed and rather than have the poor mite solely known as “baby” for the rest of its natural life, MM is inviting its readers to send in their suggestions for the said child’s name. Answers on a postcard please.
UCB Home Loans has appointed Keith Astill as its managing director.Astill will take up his new post at the specialist lending subsidiary of the Nationwide Building Society on April 4. He will be replacing Charles Reed, who has been appointed divisional director, customer service & communications, at Nationwides head office in Swindon.Having held a variety […]
Legal & General is offering a medium-term Sandler-style investment plan. The MTIP, available as an Isa and unit trust, will invest via the L&G distribution trust and will be sold using the newly developed basic advice service. The total annual charges are 1.32 per cent, and the product is intended to provide an alternative to […]
The network pioneer now believes that the days of the network are gone with depolarisation and that advisers would be better off being directly regulated and signing up with a support services firm.
Premier Asset Managements halcyon extra income fund is an Oeic fund of funds that is aimed particularly at older investors who may be looking for ways to fund their long-term care needs.
By Kunal Desai, head of Indian Equities at Neptune Returning from a recent research trip, Kunal Desai asks three key questions: first, do prime minister Modi’s reform policies still offer hope for investors; second, what exactly is required to drive an earnings upgrade cycle; and finally, which areas of the market do we believe are […]
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Royal Bank of Scotland has joined rivals like HSBC in launching an automated investment advice service for more than five million customers. The bank claims to be the first bank in the UK to launch a “fully regulated” robo-advice service, which will be under its NatWest brand. The service, live from Monday, is targeted at […]
There is nearly £8.5bn in “drifted” legacy UK equity income funds that have underperformed against the sector over the past decade, research has found. As the fund management industry awaits Mifid II next year, Morningstar has analysed the competitive UK Equity Income sector on behalf of Money Marketing and found about 10 per cent of the sector’s […]
Old Mutual Global Investors has appointed Freddie Woolfe head of responsible investment and stewardship, reporting into chief executive Richard Buxton. Woolfe joins from Newton Investment Management, where he was a responsible investment analyst primarily covering the healthcare and technology, media and telecommunications sectors. Previously he held roles at Hermes Equity Ownership Services and HSBC. Woolfe will […]