New Star has opened its international property fund to retail investors. The fund will offer a 1 per cent discount on the initial charge for all lump-sum investments during the offer period of May 14-June 4, with a fixed price of 50p per unit during the retail offer period, priced daily after the offer period ends.
Hargreaves Lansdown is urging the Government to make the open market option the default option for annuity sales to stop customers ending up in second rate products.In its response to the Government’s Omo review, introduced alongside the national pension savings scheme reforms, Hargreaves Lansdown calls for zero tolerance on transfer delays with a system of […]
The Financial Services Practitioner Panel has urged the FSA to consider the impact on retail firms of the number of reviews, projects and thematic initiatives it conducts.Speaking on the release of the FSPP’s annual report , chairman Roy Leighton says the FSA needed take into account the industry impact of so many initiatives especially as […]
Zurich Financial Services
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Sanjeev Shah will be appointed as the replacement to Anthony Bolton to run Fidelity’s £3.2bn UK special situations fund, sources close to Money Marketing understand.
Join Trevor Greetham, Head of Multi Asset at Royal London Asset Management (RLAM), for a webinar on 30 March at 2pm. During the update, Trevor will consider how various asset types have fared in 2017 and offer his outlook, using the Investment Clock model to illustrate his views. Find out more here
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Aviva has triggered a five day platform blackout as it moves to new technology. The platform will be unavailable from 6pm on Wednesday 17 January through to Monday 22 January while the provider manages its transition onto an updated system run by technology provider FNZ. The downtime will affect Aviva’s investment platform only, but other adviser […]
JLM Mortgage Services has launched the first stage of its new ‘robo advice’ service. The mortgage and protection network claims it is the first network to launch such a tool to its members. The Virtual Adviser will allow member brokers to offer an online service to residential and buy-to-let customers. This service will offer an […]
Providers should listen closer to advisers and consumers when deciding what initiatives will work