Resolution Asset Management is setting up two funds for its restructured European equities desk. Jon Fearon will manage the international pan-European fund while Ian Ormiston will run European smaller companies.
Skipton Building Society has launched two new capped rate mortgages.The new three and five-year base rate tracker capped mortgages are capped at 6.44 per cent and 6.49 per cent respectively.Head of lending Colin Dale says: “Our two new base rate tracker capped mortgages have two clear benefits – they give borrowers the confidence in knowing […]
FundsNetwork head of sales and marketing Rob Fisher “In principle, FundsNetwork is supportive of what Cofunds is saying. The ability to be able to advise clients to move their assets to where they want to have them is clearly an important thing. We are making progress on these areas. Slowly but surely, I think that […]
It seems that the Financial Ombudsman Service continues to fine advisers for shortfalls that are caused by regulatory-imposed projections, that is, that were imposed on the adviser and the provider by the regulator. The FSA may not now be continuing with this Lautro practice but the FOS still perpetuates this injustice. An example is the […]
Royal Liver’s chief executive likes to hit the heights in the Highlands when he is not busy taking the company back to the high ground of life and pension business with a tough modernisation programme which he believes puts the firm on course for continued success and he explains why the Royal marriage never made it to the altar. Interview by Will Henley
With volatility set to continue, Peter Saacke, manager of the Artemis Global Growth Fund, thinks stock-specific opportunities are on the rise.
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One of the men behind an illegal collective investment scheme has been sentenced to another year in prison after failing to pay his FCA-ordered compensation. Ross Peters was one of eight men convicted over their role in a land banking scheme. The group ran a Ucis operation through three companies which cold-called potential investors to […]
Aviva has apologised after a website issue left some advisers unable to submit applications on behalf of clients last week. Money Marketing understands online access was disrupted until at least 5:30pm last Friday. It is understood some advisers were unable to submit applications on behalf of clients, for example, life and critical illness cover applications. […]
Retail investors have stuck by Neil Woodford in 2017 despite several multi-managers pulling money from the star fund manager. The Woodford Equity Income fund was the second most popular with Bestinvest retail investors, although Fundsmith Equity was the “clear and decisive winner” when it came to inflows via the investment platform, says managing director Jason […]