If Mr Reid would like to take the trouble to contact me, I will be only too pleased to discuss what strengths a qualified paraplanner can bring to an IFA business and hopefully dismantle his narrowly held views.
Congratulations on your appointment and your first wise decision to put back the next deadline on the retail distribution review so you can have a few weeks to get to grips with a subject that your predecessors have failed to work out these past 27 regulated years. Actually, that is a bit unfair. They did once get to grips with it with a concept called polarisation but they were lobbied into scrapping that with a move called depolarisation, designed to improve bancassurer sales levels. It failed and that is where we are now and it is what Callum McCarthy called “broken”.
Polar Capital has replaced Threadneedle in Skandia’s UK strategic best ideas fund. The move follows the departure of Threadneedle fund manager Paul Findley in July. Polar Capital’s UK equities lead manager Phil Hardy will run its share of Skandia’s 102m fund.
Almost a third of women in the asset management industry have experienced sexual harassment in the workplace, according to a new survey, as Fidelity and the Worldwide Healthcare Trust dismiss fund managers due to inappropriate behaviour. A global survey by the Financial Times reveals 32 per cent of women working in asset management have experienced […]
Platforms are chasing assets in order to achieve scale but the winners of the future will need more than that The importance of scale is one of the key topics of conversation in the platform industry. Scale brings some clear benefits to platforms, such as allowing them to charge consumers less, providing the means of […]
The pensions industry has welcomed government reforms to boost auto-enrolment while raising concerns about their limited scope and time it will take to implement them. In its much anticipated review into auto-enrolment the government says it will lower the age at which people are eligible for a workplace pension from 22 to 18. The government […]