The FSA says it has kept more than 600 unsuitable mortgage and general insurance firms out of the industry since the start of regulation. FSA records show that, at the first stage of the authorisation process, approximately 550 M&GI firms either withdrew or were refused permission to conduct business. At the second stage of the […]
Investment trust Isa purchases in the third quarter of 2005 increased 20 per cent from 8.8m in 2004 to 10.6m says the AITC. The global growth sector gained the highest proportion of total Isa purchases in September, at 25 per cent, followed by the UK growth and income sector at 11 per cent, and the […]
Welcome to the latest edition of In Focus. In this issue, Jelf examines the private medical insurance market for employers with expatriate workforces in Germany. This includes the common challenges faced in sourcing appropriate coverage, along with a selection of available solutions. This will be of particular interest to HR/reward decision makers with employees based in Germany. It will assess the cultural norms, risks and backdrop that are relevant to organisations with expatriate staff in this location.
Vanguard, the asset management giant known mainly for its passive offering, has announced a reduction in fees on its UK domiciled active fund range. Fees on Vanguard Global Equity and Vanguard Global Equity Income funds have been reduced from 0.60 per cent to 0.48 per cent per annum. The price of Vanguard Global Balanced fund, […]
Demand for advice is on the rise and every effort must be made to recruit more people into our industry. Not only are we set to face a busy period for investment advice in the run-up to Brexit, and in light of increasing trade wars and market volatility, but the demand for pension transfer advice […]
These companies should ensure their systems and controls address recent issues found by the regulator Last month, the FCA published its findings into a review of how principal firms in the investment management sector understood and complied with their responsibilities in respect of their authorised representatives. The firms covered a diverse range of regulated businesses, […]