Old Mutual Wealth has appointed Steven Braudo as chief operating officer to take over from Paul Penney who assumed the role in January. Penney joined Old Mutual Wealth in 2012 as chief information officer and will leave the company later this year. Braudo, who has 23 years’ experience in the South African financial services industry, […]
The new types of socially responsible investments pose a quandary for advisers. Neither regulation nor legislation need to change but advising on these SRIs does not fit into the usual pattern and process of advice. They can come in all kinds of formats, not just a fund. The SRIs I discuss here are typically single […]
Sainsbury’s Bank has confirmed it will launch back into the mortgage sector next year. Last week, Money Marketing revealed Sainsbury’s had been in talks with distribution partners and was nearing a return to the sector after a 12-year absence. In its preliminary results, published today, it said: “Given the Bank’s strong trading performance and the […]
Natixis Global Asset Management’s quarterly Portfolio Barometer offers insights into UK financial advisers’ model portfolios and the allocation decisions they are making. Natixis’s Portfolio Research & Consulting Group works with financial advisers and other intermediaries to analyse and enhance their model portfolios and help them develop investor portfolios suited to today’s complex markets. The Portfolio […]
Dr. Andrew Lo, Founder and Chief Investment Strategist at AlphaSimplex, discusses how the firm takes into account human behaviour when constructing their portfolio, specifically by embedding the idea of volatility targeting in all of their strategies.
Redirecting an inheritance into a discretionary trust helps beneficiaries regain control and escape the seven-year rule when regifting Alan and Barbara are a married couple in their early 60s with two daughters: Clarissa is 38, married with two young children and currently pregnant, while her younger sister, Diane, is single with a 10-year-old daughter. Alan […]
Compliance provider SimplyBiz has seen around 2,300 advisers adopt its end-to-end investment system Centra since its April launch. The system aims to be a one-stop-shop for advisers and includes goals-based planning tools, product research, suitability report processing and a centralised investment process offering backed by an independent committee. SimplyBiz co-chief executive Matt Timmins says: “Advisers […]
Ipsos Mori has been ranking professions according to how much the British public trusts them for 35 years, and doctors consistently come first or second. The latest survey shows 92 per cent trust doctors to tell us the truth. Financial advisers are not included in the survey. The least-trusted occupations are advertising, politics and my […]