National Savings & Investments saw new flows into its products more than double over the weekend. Its call centres also had higher than average call volumes, including many from Northern Rock savers.
Assureweb director of sales and marketing Stephen Wynne-Jones is leaving the firm. Norwich Union’s Mark Wilson will take over the trimmed-down role of head of propositions with chief executive John Spellman taking a more hands-on approach. Head of product management Chris Metcalf is also leaving after his position was made redundant.
BlackRock has announced the appointment of Stephen Hunnisett to its Europe, Middle East and Africa fixed income team as a senior credit analyst.
Despite concern about what they will be replaced with, 37 per cent of advisers say they will stop using the menu and initial disclosure document from November 1, according to Aegon research.
Aviva chief executive officer, Europe, Tidjane Thiam is joining Prudential as group finance director in April 2008.Thiam replaces Philip Broadley and will join the Prudential Board as an executive director.Thiam has previously held the positions of group strategy and development director and managing director, Aviva International. Prior to Aviva, Thiam was a partner with McKinsey […]
Do macro headlines create white noise which impacts market prices? Portfolio Manager at Harris Associates, David Herro, discusses how market volatility can create opportunities to buy good business at a discount.
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The merger between adviser trade body Apfa and the Wealth Management Association cost the WMA more than £61,000, accounts show. The two trade bodies merged earlier this year to create the Personal Investment Management and Financial Advice Association, a move that was supported unanimously in a vote from Apfa members. Accounts released today show that […]
Six in ten advisers want to see the lifetime allowance scrapped at the Budget this week, a new survey has shown. The poll points to an increasing dissatisfaction amongst IFAs that the £1m limit discourages saving. While the allowance will rise in line with CPI inflation from April 2018, some argue this does not go […]
Royal Bank of Scotland has joined rivals like HSBC in launching an automated investment advice service for more than five million customers. The bank claims to be the first bank in the UK to launch a “fully regulated” robo-advice service, which will be under its NatWest brand. The service, live from Monday, is targeted at […]