The Association of Mortgage Intermediaries’ July census shows that 57 per cent of 252 inter-mediaries polled believe sourcing systems should be responsible for information provided in KFIs. Fifty-two per cent say sourcing systems are still their preferred method of obtaining KFIs.
Millfield has sold its 25 per cent stake in the Lifetime wrap to Norwich Union for 9m, meaning NU now owns 97 per cent of the platform.A deferred payment of up to an extra 6m could also be paid over the next four and a half years depending the achievement of certain targets.Millfield says the […]
Not so very long ago, it looked as though the FTSE 100 index would struggle to stay at the 5,000 level.
Jupiter Asset Management has appointed Sebastian Radcliffe to manage its Jupiter global technology unit trust. The 55m trust will be managed by Radcliffe with effect from Monday August 8.Radcliffe has worked at Jupiter for eight years and will replace Prakesh Rajasekeran, who is leaving Jupiter to pursue other opportunities. Radcliffe has managed the 16.4m Jupiter […]
Keydata is to make major enhancements to its free IFA CD aimed at giving advisers the same fund trading technology as discretionary brokers. It says the November issue will allow IFAs to combine funds from any supermarket and fund manager, perform valuations and trade funds. Keydata CD was launched in 1997 but has not seen […]
Graeme Robb, technical manager, explores how changes in legislation are impacting trustees who aren’t entitled to the dividend nil-rate band. Read more
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
A High Court judge says the FCA can submit evidence in a case that could shape how Sipp misselling claims are handled in the future. In the case, which started today, lorry driver Russell Adams alleges Carey Pensions missold him a self-invested personal pension. Carey Pensions is accused of using unregulated introducers to invest Adams’s […]
Studies have found funds can be too big or too small to outperform, suggesting size does matter The assessment of whether to invest in a certain fund is a tricky business. Bearing in mind roughly 90 per cent of active funds do not beat their benchmarks over periods longer than 10 years, the odds are […]
The following sorry verse embodies procrastination on a whole new level: “Hello there, my name’s Phil; I rap like a small bear writing a will [diligently]; Estate-planning, ninja-whooping IHT; Shame I’m not as bizzie [urban affectation] with the RLP.” These words were penned in response to my father’s short verse sent to me, after the […]