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Nucleus’ board IFAs face re-election

Nucleus’ seven IFA representatives that make up its advisory board are up for re-election on February 27.

The platform’s next meeting will see the seven positions up for grabs, with all existing member IFA firms able to offer themselves for election, becoming more involved in driving the development of the platform.

The new board members will take up their positions with immediate effect following the meeting on February 27.


Constructive thoughts

Commentators are already predicting that this year will fall into two distinct trading periods. The tougher market conditions we are seeing will continue well into the summer despite the recent bank base rate cuts.

Green fund grows sales by 59%

Skandia Investment Man-agement saw a 59 per cent increase in sales of its multi-manager ethical fund last year compared with 2006.

Third dimension

A series of cases inthe US relating to deferred annuities should serve asa reminder to the UK financial services community of the risks inherent in direct salesforces marketing complex packaged products to elderly people.

US firm Focus starts IFA buys

US wealth management firm Focus Financial Partners has bought Manchester IFA firm Greystone Financial Services, kicking off its aggressive acquisition strategy.The deal is expected to complete in April and will see FFP take on around 5,000 high-net-worth clients and £820m of assets. It is Focus’s first acquisition outside America. It says it now intends to […]


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