Standard Life wrap is adding MLC’s six UK manager of managers portfolios to its core offering. MLC’s suite of portfolios will be embedded in the wrap’s modelling tools and advisers will also have access to Pivotal Consulting.
Mortgage commentators are predicting 2008 to be a year of consolidation and it seems some players are already looking to offload certain parts of their business.
Gartmore head of distribution Paul Feeney has brought an end to months of speculation by quitting the firm.Feeney has held a number of roles during his six years at Gartmore, including heading the firm’s retail business.His position came into question after Gartmore appointed New Star’s Phil Wagstaff as global head of distribution in June.As well […]
Canada Life head of sales Andy Marks is joining Hartford Life as managing director of sales.Marks, who has over 20 years experience in the life and pension sector, will be based at The Hartford’s London office.He will be responsible for leading The Hartford’s UK sales team and driving its sales growth strategy.Chief executive Michael Kalen […]
Axa is piloting medical screening in pharmacies for its protection products with access to innovative, non-invasive techniques including needle-free skin tests, saliva tests and hair analysis.The screenings, which will be used when discretionary medicals or blood tests are needed, are designed to be more convenient than traditional nurse or GP appointments.The six-month pilot is being […]
Rob Burnett, Head of European equities at Neptune Many commentators have suggested that the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Is this likely and what is the mechanism for this to happen, asks Rob Burnett, Manager of the Neptune European Opportunities Fund. Read more: https://www.realworldinvestors.com/Posts/Read/1371/Frexit_and_contagion_risk_in_Europe […]
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Providers are reviewing their marketing packages to advisers at conferences and on websites amid concerns they will fall foul of new inducement rules under Mifid II. Mifid II, which came into force on 3 January, brought in more stringent rules around “non-monetary benefits” from providers to advisers. The rules have been translated into the FCA conduct of […]
A misleading headline rate of unemployment means opportunities are being overlooked by investors
The FSCS is budgeting an extra £3.5m to cover the cost of running the scheme this year. The management expenses levy, which is used to cover the cost of administering the scheme separately from any compensation payments made, proposed for 2018/19 by the FSCS today is £77.7 million, up 5 per cent on the previous […]