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Support services firm opens

National IFA 2Plan has started operations. The firm has been set up by former Positive Solutions directors Chris Smallwood and Chris Davies and is backed by Standard Life. It will provide support services to self-employed IFAs.

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Competition Commission identifies PPI probe areas

The Competition Commission has today published an issues statement as part of its investigation into the market for the supply of payment protection insurance. The issues statement identifies the specific areas the CC believes are relevant in deciding whether any feature of the PPI market restricts, distorts or prevents competition. It will be used as […]

BlackRock brand switch will be a ‘big bang’

The Merrill Lynch Investment Managers’ brand could soon be history, with BlackRock testing the water about a sooner than expected rebrand.BlackRock merged with Merrill Lynch in September 2006, acquiring Merrill’s investment arm in exchange for 49 per cent of the new BlackRock business.BlackRock managing director Richard Royds says as part of the deal, MLIM has […]

Canny nanny

Why the Government is encouraging a dependency culture in the UK.

Fortune favours Mom structure

Hedge fund multi-manager Fortune Asset Management expects its closed-ended market wizards fund to list on the London Stock Exchange within four weeks.

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