Dunedin smaller companies investment trust manager Andrew Paisley has left Aberdeen Asset Management.
The Claims Standards Council has given hope to IFAs buckling under the weight of endowment complaints by promising to launch a “nuclear” attack on rogue claim management firms.<
Mr R Bullivant, Chartered Insurance Institute In the PFS Newsletter, you have asked for feedback from members. Thank you for your letter of October 2005 inviting me to apply for the chartered financial planner title. This should be a moment when I should be proud to do just that but I feel compelled to write […]
Morgan Stanley Investment Management is targeting multi-managers with a new US Sicav and 26 other funds it is making available to UK investors through the creation of distributor share classes.
The European Parliament is to investigate the Equitable Life debacle. It is setting up a committee with a draft mandate to assess whether the FSA consistently failed to protect policyholders and whether the European Commission properly monitored the application of EU legislation by the UK Government. Treasury officials could be called to give evidence on […]
By Chris Taylor, Manager of the Neptune Japan Opportunities Fund H1 2014 Economy: after a harsh winter that slowed activity in the economy, the main event of the first half of the year has been the debate over what impact the 1 April VAT hike from five to eight per cent would have; we are […]
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The rise in IHT takings has prompted complaints around the new residence nil rate band’s impact
The Association of Investment Companies will not be hosting the new key information documents on its website saying to do so would be irresponsible. Since 1 January, Priips legislation has meant advisers have to publish a stand-alone, standardised KID to their client including performance scenarios, risks, and the total cost of products. However, trade bodies […]
The Financial Services Compensation Scheme has paid out £5.7m so far to nearly 800 customers of collapsed discretionary fund manager Strand Capital. The payments were made to 796 investors over the past two weeks. The payments related to client cash only. The compensation was paid directly into customers’ self-invested personal pensions. An administrator’s report published in […]