View more on these topics

Top fund firms link up for IFA roadshows

Three of the UK&#39s top fund management groups are teaming up this autumn to present a series of roadshows to IFAs around the country.

Invesco Perpetual, M&G and Schroders have made the agreement, the first to involve three major groups, following M&G and Schroders&#39 joint Isa season nationwide roadshows earlier this year.

The fund managers say the aim is to give IFAs more value for their time by pooling res-ources, with each group exp-ected to do two presentations.

M&G and Schroders claim feedback from their previous joint roadshows found four out of five of those IFAs attending preferred joint presentations, believing them to be of greater value than individual events.

If successful, the group will encompass even more players for next year&#39s Isa season, with Aberdeen joining the existing three groups.

The roadshows are likely to be split into two halves, with the first aimed at discussing industry issues and themes with presentations and the second likely to be fund-specific, with each group delivering a presentation.

M&G deputy managing director (UK retail) Philip Wag-staff says: “We are aware of the pressure on IFAs&#39 time, so they will have the chance to see three out of the top five UK unit trusts companies in one place at one time.”

Schroders director, head of UK sales, Neil Bridge says: “We are doing this because for many years IFAs said they have found it tiresome to go to to several roadshows held by individual companies, often on the same theme.”

Recommended

Surpluses and minuses

I recently sold my business after running it for 30 years. When I was a director, I planned for my retirement by making substantial contributions to a pension scheme. My pension adviser now tells me there is a possibility of a surplus arising.Of particular concern to me is the fact that, as I understand it, […]

Scarborough Building Society – Four Step Five Year Discount

Monday, 21 May 2001.Discounted term: Five years.Discount: 2.15 per cent in year one, 1.15 per cent in year two, 0.75 per cent in years three and four, 0.45 per cent in year five.Payable rate: 4.84 per cent in year one, 5.84 per cent in year two, 6.24 per cent in years three and four, 6.54 […]

Financial jargon putting off investors

Financial jargon is putting investors off saving, according to research published by online investment site The Motley Fool which shows that 86 per cent of consumers don&#39t know the difference between an IFA and an Isa.Forty per cent of all potential investors are deterred by confusing financial jargon, with 29 per cent finding it easier […]

CML revamps website

The Council of Mortgage Lenders is launching a revamped website to give easy access to research data about the mortgage market.The website contains research findings, press briefings, statistics, consumer information, a mortgage calculator and links to the websites of CML members.CML director general Michael Coogan says: “The new website reflects the CML&#39s ambition to be […]

Naming a reward programme

Six tips to get your reward programme name right

by Debra Corey, group reward director  Choosing a name isn’t easy. Whether it’s for your new puppy, a bundle of joy or your reward programme, a name determines a first impression – and often a lasting memory. When it comes to your reward programme, the name will determine how your employees feel about it even before […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment