Schroders to merge UK fund duo
Schroders is to merge Richard Buxton’s UK large-cap fund into its UK alpha plus vehicle by the end of the year.
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AWD offloads two business strands as it commits to UK wealth management
AWD Chase De Vere is to offload its at-retirement and mortgage and loan arms as it commits to wealth management and consulting operations in the UK.
A&L penalty sends FSA fines up fourfold
FSA fines in the first 10 months of 2008 have nearly quadrupled the total figure for 2007, jumping from £5.3m to £20.5m, according to analysis by BDO Stoy Hayward.
PruProtect enhances product offering
PruProtect is making several enhancements to its existing product range to take effect from November 16.
‘Dabblers’ warned they will miss full benefits of equity release
Key Retirement Solutions says advisers should not see equity release simply as a “quick fix” to their businesses during the economic downturn.
Rise of the machines
Head of Sustainable Investing at Royal London Asset Management, Mike Fox, looks at the case for including artificial intelligence within a sustainable investment strategy. Read the article in full here The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get […]
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Sesame revamps board as network director exits
Sesame Bankhall Group has revealed several changes to its senior management, including the departure of Sesame Network and PMS Mortgage Club managing director Mark Graves. The group has now created two new roles – director, Sesame and director, PMS – with an announcement on who will fill the roles pending. Sesame has also moved Jane […]
Malcolm Kerr: Why more asset managers should consider no-fee funds
Fidelity’s new zero-fee index funds have rocked the boat in the US. Players here must sit up and take notice I was interested to see that Fidelity has launched two new index funds in the US: Fidelity Zero Total Market and Fidelity Zero International. Both have an expense ratio of zero per cent. Fidelity was late […]
Greater gender-balance will boost advice sector’s bottom line
Encouraging more diversity in your business has benefits for the bottom line, but advisers have a long way to go to realise the benefits of equality in their firms. Speaking as part of a panel debate on diversity in advice, which mainly focused on gender diversity, three female advisers shared their views on why the […]
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