The FSA’s original retail distribution review discussion paper was a step in the right direction. The FSA focused, rightly, on adviser remuneration and raising professional standards.
Cofunds has confirmed that Skandia’s Brett Williams is to join as chief executive officer by the end of the year.
The Association of Private Client Investment Managers and Stockbrokers has warned the French Government against pushing for a single European regulator.
Prudential’s decision not to carry out a reattribution of its £8.7bn with-profits fund surplus could make it easier for Norwich Union to follow suit, say advisers.
In this short video, Azhar Hussain, head of global high yield at Royal London Asset Management, explains how his team balance bottom-up with top-down research in constructing multi-asset credit portfolios. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well as up […]
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One of the men behind an illegal collective investment scheme has been sentenced to another year in prison after failing to pay his FCA-ordered compensation. Ross Peters was one of eight men convicted over their role in a land banking scheme. The group ran a Ucis operation through three companies which cold-called potential investors to […]
Aviva has apologised after a website issue left some advisers unable to submit applications on behalf of clients last week. Money Marketing understands online access was disrupted until at least 5:30pm last Friday. It is understood some advisers were unable to submit applications on behalf of clients, for example, life and critical illness cover applications. […]
Retail investors have stuck by Neil Woodford in 2017 despite several multi-managers pulling money from the star fund manager. The Woodford Equity Income fund was the second most popular with Bestinvest retail investors, although Fundsmith Equity was the “clear and decisive winner” when it came to inflows via the investment platform, says managing director Jason […]