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Site aims to aid IFAs on TCF guidelines

A new website has been launched for IFAs called tcf-online.com to help them comply with the FSA’s treating customers fairly guidelines.

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Tiner says principles don’t mean new FOS rules

The FSA has moved to allay concerns that the move to principle-based regula-tion and the rewriting of Cob will result in the Finan- cial Ombudsman Service creting new rules to fill the vacuum. Speaking at the Apcims annual conference in Bar- celona last week, FSA chief executive John Tiner said he acknowledged industry worries that […]

Product matters

Total return funds have not had a very good press lately. A raft of them launched around 12 months ago and, as yet, as far as I can see, none have achieved what they set out to. A combination of poor market conditions and unrealistic targets has even caused some to do some desperate goalpost […]

HBOS is set to follow Rock with FTB deal

The UK’s biggest lender says it is interested in replicating the product but is not comm-itting to any timescale for launch and has not finalised under which brand it would be offered. Brokers stress that when-ever the HBOS offering is launched, it may force rates down due to the increased competition. Together has been a […]

Focus Capital setting up multi-assets fund

New multi-manager Focus Capital is set to launch a multi-asset class emerging markets fund of funds in the new year. The firm, headed by former Standard Asset Management chief investment officer John Cleary, was established in September as a specialist global emerging markets boutique. The fund will invest glob-ally in emerging markets across asset classes, […]

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