GMAC-RFC has confirmed that its managing director of operations Barry Searle has left the lender.At the same time it announced a round of promotions to its senior management team, with the promotion of David Botting, Chris Kujawa and Craig Beresford.Botting will be the new managing director of operations and Kujawa has been named as director […]
Ninety-four per cent of advisers believe that independence should not be determined solely by the way they are remunerated, as proposed in the retail distribution review, according to Skandia.The company surveyed 158 advisers and found only 7 per cent believe remuneration is the most important factor determining independence. Sixty-one per cent say the product range […]
The FSA paid out more than £13m in fees to external consultants last year.Top earners include Defaqto which was paid £1,330,494 and PriceWaterhouseCoopers which received £1,208,663. Other big beneficiaries were Mills & Reeve with £366,953, QI Consulting on £345,905, Concerto Consulting with £362,098 and KPMG £316,518.A freedom of information request made by Money Marketing shows […]
Last week, I indicated the increasing dominance of the stockmarket by investment professionals was behind the upsurge in share volatility. With hindsight, this appears a little oversimplistic. There have been other changes that add to the potential for wide swings in indices and the value attributed to individual companies.
As the title of this paper suggests, credit migration is probably worse than you think, but then not as bad as you fear. So how concerned should investors be about this phenomenon? Where should their focus lie? Natixis’ affiliate, Loomis Sayles & Company’s Director of Credit Research and Credit Strategist, Chris Gootkind, addresses this and […]
Many advisers believe their availability to spend time with clients is the primary factor in them determining the value of the service they pay for, research shows. A survey conducted by consultancy Adviser Home found more than 80 per cent of advisers ranked ‘confidence and trust that we are available when needed’ as ‘very important.’ […]
By the end of this month, either Boris Johnson or Jeremy Hunt will take up residence behind the world’s most famous black door. The race to succeed Theresa May gets more interesting by the day. And if it were supposed to be a virtual coronation for Boris, then someone should have told Jeremy Hunt, who […]
Technology is playing an ever bigger role in the day-to-day running of advice firms and provides a way for firms to position their businesses for the future. How are advisers using technology and what pieces of software can they not do without?