Jonathan Polin, managing director of intermediary business at HSBC Asset Management, has left the group. Polin, who joined the company from Aberdeen Asset Management last January, had been credited with stabilising the group after the high profile departures of star fund managers Tim Russell and Chris Rice. It is not known what he intends to do next.
Norwich Union has announced it is launching a group life insurance scheme for unapproved top up benefits. The group life insurance scheme is aimed at employers who wish to provide life insurance benefits for their workforce, with the top up benefits scheme designed to make employers able to provide their workforce with lump sum cover […]
Garden sheds are making a comeback. An insider tells the Diary that sheds could be the new loft conversions for the up and coming. Even Syndaxi Financial Planning director Robert Reid operates his business from a garden shed, apparently. A common or garden shed could also be former Tory leader Iain Duncan Smith's road back […]
The Homeowners Friendly Society is targeting UK residents aged between 50 and 75 with its friendly life cover plan. The guaranteed acceptance life insurance plan can be used on death to help pay outstanding debts or to pass on a tax-free lump sum to loved ones. For a monthly payment of £16, a female non-smoker […]
Aifa has warned that the FSA needs to be more concerned with the timing of the many upcoming EU directives rather than the precise wording of each document, saying taking on so many directives at once will be costly and confusing. The warning comes as Aifa responds to the FSA's consultation on the implementation of […]
The rally in cyclical ‘value’ stocks paused for breath in February, as investors took a more cautious tone and switched their attention back to defensive areas. In this article, Jacob de Tusch-Lec, manager of the Artemis Global Income Fund, explains how he has positioned the portfolio, given the many economic, geopolitical and policy risks that […]
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Latest from Money Marketing
Justin Modray says the RDR will make little difference in the way most advisers are paid.
M&G is merging its Global Leaders fund into the Global Themes fund in the wake of a review resulting from fund manager Aled Smith’s decision to step down. The proposed merger has been approved by the regulator but is still subject to approval from shareholders. The Global Themes fund will continue to be managed by […]
Face-to-face advice still holds a firm place in serving clients, despite an increasing demand for mobile and remote services in adviser practices. Research from consolidator Fairstone from November shows there has been a 10 per cent decrease in the use of face-to-face financial advisers over the past seven years. However, advisers speaking to Money Marketing […]