Barclays retail and commercial banking head Frits Seegers has quit after control of his commercial lending unit was handed to group president Bob Diamond in a surprise restructure. Barclaycard chief executive Antony Jenkins will take over retail banking in the UK, Europe and emerging markets while Diamond will lead commercial banking and keep control of investment banking and wealth management.
Lloyd George Management has launched a global emerging markets fund for Kathryn Langridge.
Equities regain lead over bonds with absolute return taking over as the top sector for retail business
Transact says the RDR has forced platform providers to re-examine the way in which they do business.
The FSA has fined UBS £8m for systems and controls failures that enabled four employees to carry out unauthorised transactions involving customer money on at least 39 accounts.
Managers James Foster and Jacob de Tusch-Lec outline the fund’s investment approach and discuss current investment themes and outlook for the bond and equity markets. As James and Jacob confirm, the Artemis Monthly Distribution Fund’s aim is to generate an income from both equities and bonds. They explain their investment approach in each asset class, the sectors where they are […]
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When Selectapension stopped executing defined benefit pension transfer advice last year, eyes quickly turned to its key partner firm: CFPML. A previously unknown entity, the FCA reviewed CFPML as part of its work, and a little big of digging from Money Marketing uncovered it was actually a two-man band advice firm just down the road from […]
The end of the “boom” in pension transfers could be in sight, consultancy the Lang Cat predicts. The Lang Cat has published its latest platform market scorecard, which found pension gross inflows to platforms dropped 16 per cent in the first quarter of 2018 when compared to the fourth quarter of 2017. This was compared to […]