Fund manager Baillie Gifford has announced the appointment of a Melville Bucher as regional sales manager responsible for the North of England, the Midlands and the Isle of Man. Bucher will take control for developing and maintaining IFA relationships in those areas and will report to sales and marketing director Ken Edwards. He joins from Scottish Widows Investment Partnership where he was unit trust sales development manager covering Scotland, Northern Ireland and the North of England.
Hitchens Investment Management has recruited three senior managers from HSBC Private Clients.David Elliott and James Knowles join Hitchens, the investment management specialist, as investment directors, while Matthew Sharpe joins as an investment manager.The latest appointments come just a few months after Adam Side and Darrell Mercer were appointed from HSBC as investment directors.
A fifth of people with young families have no life assurance other than policies attached to their mortgage according to research from national IFA RJ Temple. More than half of over 65s have no life assurance, while across all age groups almost a third are not protected and nearly a quarter do not know whether […]
Aifa believes comments from David Severn today about defined payment mean commission charging advisers will still be able to call themselves independent. The trade body believes the regulator will now look for more transparency about the way advisers are charging their clients. Aifa has welcomed today's announcement by the FSA's David Severn that the proposed […]
DBS members are enraged after the network withdrew professional indemnity run-off cover for ex-members, saying the advice they give now will “follow them to the grave”.Although DBS' new PI policy started on August 1, members of the Misys network were not told that run-off cover had been withdrawn until five weeks later in a group […]
After a volatile 2015, Peter Saacke considers the prospects for a (smooth) recovery in 2016.
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Latest statistics show personal pensions, in particular, get a bad rap The recently published preliminary estimates from the Office for National Statistics’ Wealth and Assets Survey make for interesting reading with regards to how people view pension savings and how safe they are. The next round of this survey will be even more interesting in light […]
Beaufort Group is planning to add three more firms to its network with one deal expected to finalise next week. Chief executive Andrew Bennett says the other two small to medium-sized firms are expected to join “imminently”. In January, Beaufort Group added Statehouse Group as an appointed representative. The firm is now called Beaufort Financial […]
Significant gilt weightings continue to be recommended, despite concerning signals on their risk Government bonds play a pivotal role in a balanced portfolio; there are very few assets that provide the diversification benefits gilts can bring. So often over the last 30 years, when equity markets have zigged, bond markets have zagged, thereby smoothing return […]