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The Nest effect

Money Marketing/YouGov monthly 250-IFA benchmark survey.

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‘Titanic’ fight to scale back scope of RDR

Zurich chief growth officer David Etherington says the scale and impact of the retail distribution review on advisers is like being “asked to climb Everest the day after going down on the Titanic”. Speaking in a panel debate at last week’s Sesame Symposium, Etherington said he is concerned with the way that new regulation is […]

City of London Police arrests three in £1m land banking fraud

The City of London Police has arrested three men in connection with a £1m land banking fraud scheme involving City-based firms. On Tuesday, one man was arrested in Bromley, another at a London office and the third was arrested at his home in Lewisham. All three were detained on suspicion of conspiracy to defraud and […]

Jupiter considers shutting Kent office after outsourcing to IFDS

Jupiter Asset Management is considering closing its Kings Hill, Kent office following its decision to outsource its fund administration to IFDS in August. The 69 staff in the office will be informed before the end of 2010 whether Jupiter plans to move them into a smaller office in the same area or require them to […]

Is volatility dead? No, sell credit

There are several arguments that one could currently make for why credit markets look unattractive. These include signals that the US economy is in late cycle, the fact that corporate leverage has been increasing (with 2016 setting a record for the amount of global bond issuance), and that US high-yield default rates have risen considerably […]

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