Tenet Group saw its profits fall by 64 per cent to £1m in the 12 months to September 2009 from £2.8m in 2008.
Transact chief executive Ian Taylor claims that platforms are misleading IFAs in a bid to win market share before the retail distribution review changes are implemented. In a Transact adviser update, Taylor says platform providers are manipulating IFAs and “making hay while the pre-RDR sun shines”. He says tactics include misleading the market by spreading […]
The Liberal Democrats have called for Tory party treasurer Michael Spencer to be sacked after he came under fire for selling shares in his company ahead of a profit warning.
The FSA has banned Bridgewater House UK director Matthew Sixsmith from holding senior positions in the financial services industry after failing to separate clients’ premiums from the firm’s capital, which cost clients almost £85,000.
Hargreaves Lansdown has revealed a 9 per cent increase in pre-tax profits for the second half of 2009.
By Kunal Desai, head of Indian equities, Neptune Since the election of Narendra Modi as prime minister in May 2014, Indian equities have gone on to outperform both developed and emerging markets. A busy period of governmental and economic reforms, a lower oil price and falling political risk have been the primary drivers over this […]
- Top trends
- Top trends
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- DWP admits ‘misleading’ public on Scottish independence
- Woodford: Three picks for enticing equity valuations
- Waspi slams ‘devastating’ state pension age hike as IFS says reforms saved £5.1bn
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Capita has been replaced as the pensions administrator of M&G Prudential after an open market tender. The administration of more than four million life and pensions contracts at M&G Prudential will move from Capita to Diligenta, the FCA-regulated subsidiary of Tata Consultancy Services on 31 July. According to documents published a decade ago, the value […]
Enabling clients to interact with a firm any way they want will be key to success
Transfers of investments from one provider to another are not being completed as fast as most investors expect they will, according to research by Platforum. Platforum found two thirds of investors expected their transfer to take less than two weeks but only 38 per cent of transfers were actually completed in that time. Just over […]