View more on these topics

Promotions ‘still not up to scratch’

An FSA report says promotions in the general insurance and sub-prime mortgage sectors are still not up to scratch and need to be improved but the number of investment promotions which fell below the regulatory standard has fallen from 52 per cent in 2004 to 32 per cent in 2006. The report evaluated nearly 1,000 financial promotions to assess progress across different sectors.

Recommended

Proc and a hard place

The idea of lenders paying procuration fees on retained business was aired in public at the mortgage summit in Spain in June. Needless to say, the response from intermediaries was largely one of jubilation and I hardly thought it apt to disturb the euphoria at such an event, where brains were focused on driving business forward.

IFAs facing action after mystery shop

The FSA is already taking action against rogue IFAs uncovered in its latest mystery-shopping exercise, says leader of the retail intermediaries sector Stephen Bland. The study, which visited a wide range of IFAs, found that almost all firms claimed to offer full advice but only a third undertook a full review of customers’ needs and […]

ABN Amro hires Victoros as FX global product specialist

ABN Amro Asset Management has appointed Michael Victoros as its FX global product specialist responsible for leveraging the company’s competitive currency offering to the global market.He will promote all of the group’s currency solutions including the currency fund, FX notes and the currency overlay product.Victoros joins from AXA Investment Managers where he covered a number […]

This week in Regulation

Although the two free case rule protects the vast majority of advisers from ever having to pay a case fee to the FOS, the mere prospect of paying to prove their innocence has always stuck in advisers’ throats.

Tech IPOs: The outlook in 2017

Ali Unwin, CTO & Fund Manager, Neptune 2016 was a weak year for technology IPOs – only 13 US venture-backed tech IPOs hit the market, in spite of fairly high public market valuations and investor appetite. Will 2017 be different, asks Neptune CTO & Fund manager Ali Unwin. Click here for article Important Information Investment risks Neptune […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment