View more on these topics

Summit on fund sectors

A group of leading fund managers including Credit Suisse, Fidelity, Invesco Perpetual, M&G, Merrill Lynch, Schroders and Threadneedle have called a meeting with the three major data providers to complain at the way their funds are classified.

Standard & Poor&#39s, Morningstar and Lipper have agreed to attend the meeting next month, at which 11 fund managers will push for a formal review process to stop funds being put into incorrect sectors.

The managers say they have called the meeting as their individual efforts to raise the issue have been unsuccessful.

Recommended

Homeowners tempts investors back to equities

Homeowners Investment Fund Management, part of Homeowners Friendly Society, has created the Homeowners equity Isa to tempt investors back to the UK stockmarket.This Isa is a tax wrapper around the Homeowners Investment growth fund, which is a tracker fund that invests in the shares which make up the FTSE 100 index. As the fund is […]

Govt money where its mouth is

Despite the seemingly endless changes to the way in which financial services products are charged, regulated and distributed, there are relatively few changes to the fundamental financial needs of the buyers of those products.At the top of most people&#39s planning list will be financial independence. Wealth creation, management and preservation strategies should focus on achieving […]

FSA proposes three tiers of mortgage broker

The FSA has proposed three tiers of mortgage broker once regulation of the industry comes into being in 2004.In CP146, The FSA&#39s Approach to Regulating Mortgage Sales, published this week, the regulator has proposed three levels of broker, execution only without advice, information with filtered questions and full-blown advice.All three would require authorisation through the […]

Medicash – Essential Surgery Plan

Tuesday 13 August, 2002 Type: Healthcare Cash Plan Minimum premium: £8 a month, £96 a year Minimum-maximum ages: 3-65 Maximum benefits: £6,000 Deferred period: Up to age 44 two years, 45-60 three years, 61 and above four years. Applies to pre-existing conditions only Commission: Initial 15%, renewal 5% Tel: 0845 9645252

Health - thumbnail

Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com