Positive Solutions is amending its Partnership scheme enabling advisers writing 50,000 of business in the 12 months to September 27, 2007 will now receive 3,000 points towards the scheme. PS is also extending the deadline to gain 3,000 points for recruiting new joiners to October 31.
IFA service company Adviser Breakthrough Solution is offering its pension performance review software package to the adviser market.The firm claims it “will be responsible for the biggest change ever to hit the financial services industry”.The software package is designed to help advisers identify which clients’ portfolios need changing and selects funds for them based on […]
Johnson Fleming has launched its new managed auto-enrolment service, designed to support SME businesses of up to 250 employees. The managed auto-enrolment service is not just about providing businesses with a software system for them to manage themselves, but more about outsourcing the administration of the project and scheme to Johnson Fleming’s auto-enrolment staff.
Fundsmith has raised more than £800m for the launch of its new investment trust, Smithson. Trading for the new vehicle overseen by star manager Terry Smith, who put £25m of his own cash into the project, is expected to go live on Friday. Fundsmith plans to target smaller and mid cap opportunities with the investment trust, […]
The acquisition of fellow wealth manager Speirs & Jeffrey has helped boost assets under management at Rathbones by £6bn, the firm’s latest results show. Rathbones’ funds at the end of the third quarter stood at £47.3bn after bolting on £6.7bn from the merger. Without the acquisition, Rathbones says it would have reported a 1.8 per cent […]
Two separate complaints about the clarity of the FCA’s guidance and expectations on Gabriel reporting requirements have been quashed by the Complaints Commissioner. However, the FCA has been asked to waive a late return charge and been asked to make sure debt collection and fees processes on Gabriel reporting are clear. In his report today, […]