How many journalists does it take to change a lightbulb? Or rather, to find their way safely to a press trip?On their way to Skandia Cowes Week to embark on a bit of sailing, it could have all ended rather suddenly when, upon arrival at Brockenhurst station in the New Forest, all eight journalists from two trade publications looked expectantly at each other before realising that no one had remembered to bring the phone number of the PR they were meeting.Nor did they have the name of the hotel where they were meeting. Or any other details whatsoever.The junket very nearly ended up at the closest country pub to the station.
Adviser pressure has paid off with the FSA issuing an extension of its first mandatory electronic reporting deadline due to technical problems with the service. The U-turn comes two weeks after the regulator told Money Marketing that there would be no extension to the August 11 deadline even though advisers had expressed concern that technical […]
So, the Bank of England has cut interest rates, citing slower household spending and business investment. As something of a contrarian, I cannot help believe that a rate cut at this point in the economic cycle only intensifies the risk that rates will have to increase more aggressively in future.
PIMS linchpins Evie Owen and James Goad have left Richmond Events to set up their own business specialising in smaller financial events. OwenJames Events, will concentrate on functions such as adviser roadshows and bespoke work for IFA firms. The duo also hope to work with research partners as knowledge brokers for the industry. They have […]
Aifa is looking for a research firm to help in an initiative designed to protect IFAs against retrospective action by the FSA and Financial Ombuds- man Service. The Stakes in the Ground project aims to create a universally-accepted source of evidence of current regulatory standards and accepted practices to inform FSA and FOS rulings. Director […]
Derek discusses a number of self-help stories as examples of where he is finding good opportunities in the UK With the FTSE trading at historically high levels, many investors have questioned whether UK equities continue to offer value. But, as Derek points out, the headline figures mask many opportunities at a sector level. He has […]
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RLAM’s Head of Credit, Eric Holt recaps 2017 and outlines prospects for credit strategies in our brief video. Watch the video here Past performance is not a guide to future performance. The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not […]
The Financial Services Compensation Scheme estimates it will pay out £6m over collapsed discretionary fund manager Strand Capital. An administrator’s report published earlier in January shed light on a host of failings that led to the collapse of the firm, which was put into special administration back in May last year. London-based Strand, which had around […]
Regulatory change can leave firms struggling to keep pace and maintain effective compliance. To ensure a successful and sustainable response to regulatory change, firms should consider the following areas. Culture Culture is the foundation of any business and if a firm’s culture is not sufficiently client-focused it will be unable to consistently deliver the right […]