IMA director of markets Jane Lowe says: “Net retail investment in funds of funds has improved considerably since last quarter but is still well below 2008. Ethical and tracker funds are showing slightly atypical trends, reflecting their niche position in the market.”
I am trying not to take this personally but here am I trying to stimulate a debate about whether or not we have of late been enjoying a bear market rally – one that will run out of steam and hit new lows – or the start of a new bull market and apparently there is no debate to be had at all.
Friends Provident chief executive Trevor Matthews has poured scorn on Aviva’s controversial suggestion that adviser numbers will halve by 2013.
Recession, continuing depression in the property market and deflation/inflation threats are all causing us to reconsider our attitude to money.
Training to be a vet is not the most conventional route into financial services but Hornbuckle Mitchell’s marketing director Mary Stewart began her working life caring for animals. After four years as a vet, she decided to try her hand at sales and marketing as she had always been interested in business so she joined Mars to promote a range of prescription foods for cats and dogs to vets.
Interview with Simply Class’ first adviser, Elliot Silk.
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]