Towergate Financial has appointed Steve Petrie as a director in its private client business. Petrie previously owned IFA Alexander William.
Advisers are still waiting to hear if the Financial Services Compensation Scheme will lessen the burden of the £43m Keydata levy.
The Government must stop moving the goalposts on pension rules as a short-term fix for economic woes
Platforum says firms looking at launching a corporate platform should use off-the-shelf technology to avoid high costs. In its corporate platforms white paper, Platforum says the cost of running platforms is significant and new entrants should buy in their technology. Managing director Holly Mackay says: “There are very few providers who should be assessing an […]
Metlife is set to acquire AIG subsidiary Alico for over £10bn.
Following the surprise return of a majority Conservative government, George Osborne announced that he will deliver a second budget statement on 8 July this year.
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It is encouraging to see the FCA close in on lazy fund management, but more needs to be done Without fanfare, the FCA has confirmed its intention to punish lazy fund management. Several groups have been persuaded into voluntarily compensating investors who bought their beta-posing-as-alpha products, otherwise known as closet trackers. The regulator suggests that […]
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