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Suitability letter will be replaced

Newcob will replace the current suitability letter, including requirements to document the “most suitable” product, with a less prescriptive suitability report, giving firms more discretion over content.

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Clerical special sits open to new business

Clerical Medical will open the Clerical Medical Fidelity worldwide special situations fund to new business this week. The composite fund invests equally between Fidelity’s UK and global special situations funds.

Keep calm and carry on?

We British are known for our stiff upper lip and just getting on with things. It’s part of our quirky cultural behaviour – like forming orderly queues, or saying sorry when it’s not our fault. Many of us just aren’t that great at talking about what’s bothering us. But if someone feels that the stresses […]

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