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RAM rebrands for retail market

Rothschild Asset Management is relaunching into the retail market, with a national advertising campaign that will promote its new brand, “Five Arrows – the investment funds of Rothschild”.

RAM is launching a Five Arrows monthly income fund to enhance its Oeic offering and is rebranding its Five arrow private portfolio service as the Five Arrows wealth management service.

RAM chief executive Paul Manduca says: “The many mergers and takeovers in our industry have created considerable confusion in the marketplace and performance is known to suffer as fund managers worry more about their own futures than their funds. Size does matter, and being nimble gives us an opportunity to provide investors with a strong proposition from a well-known name with a history of independence.”



FSA fines Winterthur Life over endowment failings

The FSA has slapped a £500,000 fine plus £57,000 costs on Wintherthur Life over endowment failings. The life office has set aside £10m for possible redress to as many as 10,000 customers sold endowment policies between March 1998 and December 1999. The failings centre on a computerised point of sale system called Winteract used by […]

Life offices could close or merge as the markets slump and liabilities leap

Life offices are facing a financial crisis because of plummeting stockmarkets and soaring liabilities, meaning some could be in danger of closing to new business. The FSA says the financial situation of the life industry is of concern and that it is keeping a “very close eye” on the sector. A report from Cazalet Financial […]

Actuaries&#39 service offers to take over policy complaints

Actuarial consultancy firm Hazell Carr is launching a complaint management service to help IFAs and insurance providers resolve allegations of endowment policy misselling.The service is being offered in response to the Financial Services Ombudsman and FSA&#39s decision in June to tighten compliance rules, making assessments more complicated for firms. Failure to comply can result in […]

Britannic ads are all the fashion

Britannic Money has commissioned British fashion designer Russell Sage to design its new ads. The ads show a model wearing a garment designed from a Britannic Money umbrella. Britannic has sponsored Sage&#39s spring and summer 2002 collection at this year&#39s London fashion week to coincide with the launch of its new campaign. The company says […]

Directors, limited liability partners and auto-enrolment

By Jim Grant, Senior Product Insight & Technical Support Analyst 6 April 2016 brought in changes to employer duties for directors and partners in limited liability partnerships. Here we explain exactly what’s changed. Before 6 April 2016… Directors of limited liability companies where there were no other directors or employees were exempt from the employer […]


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