Mortgage provider Home of Choice is planning on branching out into pensions and investments. It is looking for a partner to introduce business to with a launch planned later this year.
Norwich Union’s individual pension sales fell to 2.5bn last year from 3.1bn in 2004. Equity-release sales fell to 374m from 478m but collective invesetment business rose by 35 per cent to 1,16bn.
I think the normal way to start some letters is: “I read with interest.” Well, in this case, I shall start: I read with astonished incredulity John Ellis’s article in Money Marketing referring to the PFS/CII code of ethics which encompasses such things as integrity, professionalism, competence, skill, care, diligence and objectivity. Were any of […]
The FSA has pledged to con-tinue its move to principle-based regulation and focus on improving staff training. In its business plan for 2006/07, chief executive John Tiner says the FSA recognises that many firms prefer the clarity of a rule-based approach. But he says the regulator will press ahead with plans to reduce prescriptive rules […]
Success breeds contempt while the unprofitable and inefficient wins favour
At Pictet Asset Management we believe active management of asset allocation is the most important generator of returns. What is not to be in our portfolio is just as important as what is to be because good performance is determined as much by the assets you avoid as by those you hold. The FP Pictet Multi Asset Portfolio managers are not wedded to any particular […]
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The FCA should not be under the illusion a ban on contingent charging will necessarily improve the quality of advice, an adviser trade body has said. The Personal Investment Management and Financial Advice Association warns any contingent charging ban could have unforeseen consequences. According to Pimfa removing contingent charging could push consumers to either become […]
Michael Klimes looks at the FCA’s increasingly tough stance on Sipp providers and unregulated investments
Technology provider Moneyhub will now use Intelliflo’s application programming interface for its advisers. Integration onto the API will allow for advisers to access real-time information of client’s managed pensions and investments. Advisers will also be able to link investments they manage and see clients’ spending and savings patterns. The Big Interview: Moneyhub chief executive on […]