The consumer price index rose to 1.5 per cent in October from 1.1 per cent in September while the retail price index rose to -0.8 per from -1.4 per cent in September, the biggest jump in the RPI in nearly 20 years.
Towry Law chief executive Andrew Fisher’s comments on the evils of trail commission have certainly caused a stir. Speaking to Money Marketing earlier this week, Fisher said it is wrong for advisers to receive trail commission as part of an ongoing servicing agreement between the adviser and client. Never shy of an opinion, Fisher believes […]
Following a cabinet reshuffle in light of last week’s general election, David Cameron has announced that Ros Altmann will be replacing Steve Webb as pensions minister. As the industry works with one of the largest reforms to the sector in almost a century, the former adviser to Tony Blair has been tasked with ensuring that the pensions revolution does not stray off track.
Discretionary fund manager Beaufort Investment has promoted internally to fill the position of chief investment officer and has also appointed a new funds research executive. Beaufort Investment is part of the vertically integrated Beaufort Financial group. Head of portfolio construction Shane Balkham has been appointed as CIO and investment analyst Emma Clarke has been named […]
New Leodis Wealth chief executive on supporting clients through the chaos caused by the UK’s exit from the EU The long and tortuous road to Brexit has taken us from a political soap opera to what many regard as a tragedy over the past two-and-a-half years. Whatever drama is yet to unfold, the message that […]
Consulting director at The Lang Cat Steve Nelson talks making sure clients know what they’re buying and the joys of research ahead of his appearance at Money Marketing’s flagship conference. What one word or phrase do you think sums up the state of the financial planning profession today? I’m going to defer to our adviser […]