Nationwide has taken control of Dunfermline Building Society’s £2.3bn retail deposits, £1.02bn residential loan book and 34 branches. It is not taking over the social housing portfolio or equity-release book.
Cru founder Jon Maquire has written to the FSA over the possibility of restructuring the firm’s £400m Oeic range after claiming that Capita has rejected proposals to have a three-month redemption facility introduced.
The heralding of a new year is often positioned as an opportunity to make commitments for the next 12 months. People have the best of intentions as they declare they will exercise more, have a better diet or be kinder. Inevitably, as tumultuous events begin to unfold, however, these promises often fall by the wayside. […]
Beaufort Financial’s Nottingham director Gurmit Nahal on why she outsources investment management and how it enables her to focus on holistic financial planning and strategic oversight of portfolios Do you take care of your investment management in-house, outsource it to a third party or combine both approaches? Why do you do it that way?We outsource […]
Ahead of her appearance at Money Marketing’s flagship conference, Money Marketing Interactive this April, CISI award winner Rebecca Aldridge looks at making numbers more exciting and getting advisers and fund managers on the same page What one word or phrase do you think sums up the state of the financial planning profession today? Over-doing disclosure. Well-intentioned […]