SimplyBiz has linked up with Buckles in a deal that will see it distribute Buckles’ Snowdonia fund range through its 4,000 IFAs. The Snowdonia suite was launched in October 2004 and has 150m under management across four funds.
Venture capital firm BP Marsh & Partners is set to pay almost 2m for the 22.5 per cent equity stake it has acquired in national IFA firm LEBC.The initial investment is 1.78m with a potential final payment of up to a further 182,250 based on the audited results to May 31, 2007 – a total […]
Schroders has appointed Jonathan Asquith and Massimo Tosato as vicechairmen. Alan Brown takes over as chief investment officer, with head of group finance Stephen Brooks taking over from Asquith as chief financial officer.
Trail commission on Oeics and unit trusts has been paid for a number of years. IFAs typically receive 0.5 per cent of invested funds, with no requirement to do anything to receive this payment.
The insurance industry has been accused of scaring people into buying protection.
Well, it’s been lovely to see a little bit of sunshine, even if it was only a brief appearance. I live in Scotland so, believe me, it was very brief. Of course, with even the tiniest hint of spring, thoughts turn to the inevitable clearout that must take place. And that got me to thinking […]
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The workplace presents a significant opportunity for advisers, yet many are still shunning this sizable market, experts argue. The pension freedoms and auto-enrolment have increased the unmet need for advice in the workplace. Some larger employers and pension trustees are no longer content to leave employees to fend for themselves among scammers and fraudsters and […]
Neil Woodford has rejected gloomy UK growth forecasts from the Office for Budget Responsibility revealed in yesterday’s budget, arguing the country is on track to achieve annual growth around 2 per cent. According to the OBR, growth this year will be 1.5 per cent, and fall to 1.4 per cent in 2018. Through 2019 and […]
Trade bodies tend to live in a cloistered environment while advisers keep the industry on its toes