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Premier picks chief for global fund

Premier Asset Management has appointed Michael Jennings as investment manager of global equities. He joins the firm on March 3 and will run a global absolute return fund.

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LV= to donate £1 from every 50 plus plan

LV= has announced it will donate £1 to the WRVS charity for every ’50 Plus Plan’ life insurance policy taken out during 2008.The chairty, chosen by Cilla Black who stars in the ’50 Plus Plan’ advertising campaign, has 56,000 volunteers helping elderly people who might otherwise feel lonely or isolated.Black says: “This generous pledge will […]

Wealth tools drive shift to fixed interest

Skandia says high demand for fixed-interest investments in January was due partly to advisers using its asset-allocation tools to build lower-risk portfolios for clients.Half of the top 10 selling funds on the Skandia MultiFunds platform in January were fixed interest, with M&G high interest topping the table. Skandia says investors have a reduced appetite for […]

Bradford & Bingley’s shares fall as pre-tax profit halves in 2007

Bradford & Bingley’s shares have fallen by over 10 per cent this morning as it reported a sharp fall in profits after cutting the value of risky assets.The lender’s underlying pre-tax profit has almost halved to £126m in 2007 from £246.7m in 2006.B&B claims that if it stripped out “unusual and extreme external events” then […]

Nearly half of advisers opt for just one platform

Nearly half of adviser firms are adopting just a single fund supermarket or wrap over operating multiple platforms, according to a new report. The study from CWC Research reveals 80 per cent of advisers see platforms as core to their strategy in the future – and 40 per cent are embracing a one platform model.CWC […]

How can I help develop my professional connections?

Graeme Ballantyne, business consultancy manager, looks at how you can maximise the opportunities through your professional connections As we move through the summer months it’s perhaps a good time to pause and reflect on whether the plans you’ve made for your business are bearing fruit. One area we at PruConsulting know many advisers have been […]

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