T Bailey claims to be it is the first multi-manager to use RSS technology to provide IFAs with instant access to fund factsheets.The service uses widely available Really Simple Syndication software to notify IFAs when a new factsheet is issued. It believes other fund groups should use RSS to improve their services to clients. IFAs who want to use the RSS service will need newsreader software which is freely available. Advisers subscribe to newsfeeds through the newsreader. Further details on accessing a news reader can be found on T Bailey’s website. Once the IFA has set up a news reader and subscribed to newsfeeds, they will have access to factsheets as they are uploaded on the firm’s website. T Bailey believes this will save IFAs time and allow them to keep up to date with fund performance without having to search for the information. Analyst Elliot Farley says: “We do not know of anybody else in the fund industry that is doing it. “It is one of those things that are useful to the end-user as it provides a very efficient way of accessing information. It is like a ticker – a headline comes up and clicking on that takes you straight to the factsheet.”
The FSA has fined Langtons IFA Limited 63,000 for failing to properly apportion roles and responsibilities to its senior management, putting consumers at risk. The firm is also accused of not having systems in place to ensure its advisers were trained and competent.
The FSA is to lead a six-week exercise to test the resilience of financial institutions in the event of an avian flu pandemic starting on October 13.In a speech to the Lord Mayor and assembled guests at Mansion House in London, FSA chairman Callum McCarthy said 60 organisations will be responding to a scenario that […]
Edeus chief executive Michael Bolton says he expects the FSA to start querying high procuration fees and improve disclosure. DB Mortgages is offering up to 2.75 per cent for fully packaged business while Advantage is going up to 3 per cent, higher than other lenders such as BM Solutions and Edeus. Bolton says the FSA […]
The Transport & General Workers Union, Amicus and Community joined forces outside the Labour conference in Manchester on Tuesday calling for 100 per cent restoration of the estimated 100,000 workers’ pensions’ lost when firms were wound up before the Pension Protection Fund was running.
By Rob Burnett, head of European Equities at Neptune The ECB delivered a strong package in its latest policy announcement that managed to find the right balance between supporting the economy and not endangering the banking system. The EU banking system is very sensitive to negative rates and, if the ECB were to have cut […]
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It is likely the increased regulatory scrutiny on fund managers’ value could filter down to advice firms in the future In my last article, I considered the influence a non-executive director could have in challenging an advice firm’s business model in light of the pension transfer issues. Now, in its asset management market study final […]
The financial services industry has failed to find ways of nudging consumers to think about their options at retirement, despite three years of pension freedoms. A panel at the Association of British Insurers retirement conference today lamented the way companies talk to people about pensions and the lack of engagement it inspires. ABI director general […]
The new chief executive of the single financial guidance body can expect a salary of £175,000 a year, according to a job advert posted online. The advert, posted on the Cabinet Office website says applications will close in mid-May with final interviews held in early July. The date for announcing the successful candidate has not […]