View more on these topics

Non-Axa investment brand told to stop using name

The Company Names Tribunal has ordered Axa International Asset Management Limited to change its name and pay Axa £700 in costs.

Axa International Asset Management Limited was registered in May, with Axa UK applying for a change in name in July, with a copy sent to the non-Axa UK company in August.

“On 22 October 2012 the parties were advised that no defence had been received to the application and so the adjudicator may treat the application as not being opposed,” reports the Company Names Tribunal.

“The parties were granted a period of 14 days to request a hearing in relation to this matter, if they so wished. No request for a hearing was made.”

According to the tribunal, Axa International Asset Management Limited must change its name within one month of 23 November to one that is not an offending name

Axa UK was awarded costs of £700 including a £400 fee for application and £300 for a statement of case.

Recommended

Advisers should shift focus away from gathering assets

Dragonfly Planning financial life planner Adam Young says the advice process should not be concentrated on gathering client assets but tailoring services to suit client needs. At the Money Marketing and Cofunds live RDR TV debate last week, one viewer asked how advisers can encourage clients to pay upfront for advice services before they have […]

Govt pledges ‘independent’ process for early warning notices

The Government has amended the Financial Services Bill to create more “independence” in the decision making process for early warning notices. Speaking in the House of Lords debate yesterday, commercial secretary Lord James Sassoon said he expects the regulatory decisions committee to decide on whether to impose a warning notice and whether to publish it. […]

James Hay reveals RDR Sipp prices

James Hay has revealed the RDR-ready charges on its Sipp products through the James Hay Investment Centre platform. Clients will be charged 0.18 per cent for assets up to £500,000, 0.15 per cent on assets between £500,000 and £1m and 0.05 per cent on assets over £1m. There will be no charge for online transactions […]

8

MM leader: FSA’s handling of Arch cru is hard to swallow

As we await news of whether the FSA will push ahead with an Arch cru compensation scheme which could put hundreds of IFAs out of business, the regulator has confirmed it will not impose a fine on the fund range’s ACD Capita Fund Managers. This week’s public censure of Capita FM by the FSA also […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment