Scottish Widows Investment Partnership has appointed Guy Skinner as investment director, government bonds.
Premier Mortgage Service has revealed three people were shortlisted for the role of managing director John Malone’s successor. It did not issue an offer before deciding Malone would continue in the role.
Aifa has called on the FSA to give help to IFA firms on how to use guidance in place of rule-based regulation. It calls on the regulator not to widen Mifid beyond its present boundaries without looking in detail at possible market implications.
Advisers are worried that their fees may increase to fund an FSA recruitment drive in the wake of its poor handling of the Northern Rock crisis.The FSA is to recruit up to 100 staff at a cost of £15m after its self-critical report highlighted the need for better quality supervisors and risk assessors.It wants to […]
A few weeks ago, after one of those industry seminars which you find yourself attending for some mysterious reason and then wonder why you bothered, an IFA asked me what criteria I use to decide what topic to write about this column.
By Kunal Desai, Head of Indian Equities The Neptune India Fund’s investment process serves as a key differentiating feature of the portfolio versus its peers, contributing to its significant outperformance under Manager Kunal Desai’s tenure. Focusing on industry disruption, accounting quality, liquidity and corporate governance, Kunal sets out three stocks that he’s buying in the […]
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Standard Life Aberdeen has reported outflows of £31bn in its full year results, six months after the mega merger at the Scottish fund houses completed. In August 2017, Standard Life and Aberdeen Asset Management joined forces to become Standard Life Aberdeen, a giant global asset management powerhouse running £655bn assets. In its full year results, […]
Aviva has sold the rest of its Spanish businesses as it continues to pivot back towards the UK market. Aviva began disposing all of its Spanish life and pension businesses last September, following on from the sale of its Italian joint venture and offshore Friends Provident International businesses earlier in 2017. Since 2009, it has […]
Standard Life Aberdeen has sold its insurance arm to Phoenix in a £3bn deal. In the first results since the merger of Standard Life and Aberdeen Asset Management, the firm has said it has decided to exit the insurance market. Phoenix will pay a total of £2.3bn in cash for the business. Standard Life Aberdeen […]