Paul Donohoe has been appointed Swift solutions director at Sirius Financial Systems, with a brief to market the product to financial advisers. Donohoe was managing director at Modevo, a specialist web software business.
If an IFA uses a provider’s marketing material to endorse and promote a product and it is later found to be flawed, who should pay compensation if a client makes a claim for poor advice?
The FSA is going back to investigate the self-certification mortgage market clearing the sector just two years ago after a probe by the BBC’s Money Programme claimed to uncover malpractice.
Lead generator paaleads.com strikes a deal with The Tenet Group, the independently owned IFA grop.Following a pilot scheme, paaleads.com has been chosen as a final supplier of mortgage leads following feedback from Tenet members.paaleads.com director Vanessa Blount says: “Internet generated leads have a secure and valid place in the market and with Tenet acknowledging the […]
Debenhams is set to enter the retail financial services arena, offering travel insurance from next month, and the high-street chain is looking at offering home and motor insurance and a child trust fund by the end of the year. Products will be sold directly through in-bound phone and internet leads.
By Robin Geffen, fund manager and CEO
This year threatens to be a challenging one for UK dividend hunters. Last year saw an all-time record amount paid out in UK dividends — some £97.4bn, according to research from Capita Dividend Monitor. Yet as Capita also pointed out, out the biggest single factor driving the growth in the fourth quarter of last year was easy to identify: the rising US dollar.
In our view, this trend is much more than simply a one-quarter phenomenon. It is actually the most profound issue to get right as a UK equity income investor in 2015. We believe that the US dollar will continue to strengthen significantly from its current level. This is due more to the US economy’s demonstrable de-coupling from the rest of the world than to a view on the UK. The US has a strong chance of tightening monetary conditions this year without jeopardising growth or de-stabilising its housing market. The same can unfortunately not be said about the UK.
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The Financial Services Compensation Scheme has declared self-invested personal pension operators Stadia Trustees, Brooklands Trustees and Montpelier Pension Administration Services in default. The lifeboat fund has received around 150 claims for compensation relating to the three businesses. Those claims relate to how the businesses set up, operated and administered Sipps through which people invested in […]
The Department for Work and Pensions has confirmed it will not change the pensions triple lock and will explore bolstering the powers of The Pensions Regulator in the forthcoming legislative period. The DWP published its “single departmental plan” yesterday, which sets out five objectives it is working towards over the next four years. It has […]
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