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NAPF backs ‘fairer system’

The National Association of Pensions Funds says it supports the plans to build a fairer system for the future that will allow everyone to build a secure retirement income.

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Lockyer quits financial services

Former Berkeley Berry Birch chief executive Cliff Lockyer has ended his 34-year career in financial services after stepping down as chairman of Synaptic. He is replaced by Tory MP John Maples whose roles have included deputy party chairman and Shadow Foreign Secretary as well as having been chairman of Saatchi and Saatchi Government Communications for […]

A world of difference

I was disappointed by Ian McKenna’s review of wrap offerings in the e-commerce supplement. He does not distinguish between platforms which offer a wide range of investment funds, such as Cofunds, and true wraps, such as Transact, that allow any investment as long as it is quoted on a stockmarket. There is a world of […]

Commission choice could cut churning

CBK is calling for protection providers to offer advisers a choice of commission structure to reduce churning and improve the sustainability of their business. Principal Peter Chadborn says advisers should have a choice as they do with investment and pension products and says this would create more value in IFA businesses. At present, advisers can […]

Bear Bolton is baited by running fund bulls

Leading fund managers have hit back at Anthony Bolton’s assertion that the bull run could be at an end. Speaking at the Securities and Investment Institute conference last week, Fidelity special sits fund manager Bolton predicted the end of the bull market in the next few months. But New Star UK growth fund manager Stephen […]

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