The FSA has called on small firms to act on advice given by compliance consultants to help them comply with regulatory requirements, after it found over a third of advisers are not doing so.
Smith & Pinching Portfolio Management (SPPM) has announced a new trading name for their multi-manager operations – OPM (Only Performance Matters) Fund Management.
MitonOptimal has embraced the environmentally friendly theme by investing in a socially responsible teak plantation fund.
SWIP has appointed Gareth Quantrill as head of bond product, a newly created role, within its global bonds and economics team.
The Claims Standards Council is to vote for a new chairman at an extraordinary general meeting next week following the resignation of Andrew Twambley after just six months in the role.
Trapped between expectations for near double-digit returns and strong apprehensions about investing in persistently volatile markets, investors worldwide are of the opinion that professional financial advice is worth the fee. But even though they believe individuals who work with a financial professional are more likely to achieve their goals, investors have a clear vision of […]
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Royal Bank of Scotland has joined rivals like HSBC in launching an automated investment advice service for more than five million customers. The bank claims to be the first bank in the UK to launch a “fully regulated” robo-advice service, which will be under its NatWest brand. The service, live from Monday, is targeted at […]
There is nearly £8.5bn in “drifted” legacy UK equity income funds that have underperformed against the sector over the past decade, research has found. As the fund management industry awaits Mifid II next year, Morningstar has analysed the competitive UK Equity Income sector on behalf of Money Marketing and found about 10 per cent of the sector’s […]
Old Mutual Global Investors has appointed Freddie Woolfe head of responsible investment and stewardship, reporting into chief executive Richard Buxton. Woolfe joins from Newton Investment Management, where he was a responsible investment analyst primarily covering the healthcare and technology, media and telecommunications sectors. Previously he held roles at Hermes Equity Ownership Services and HSBC. Woolfe will […]