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FCA director to join Pensions Regulator in newly created role

The Pensions Regulator has appointed the FCA’s Jo Hill to the newly created position of executive director of strategy and risk. She starts the role in November and is currently the FCA’s director of market intelligence, data and analysis. As an experienced regulator, Hill has a strong background in supervision, enforcement, insight and analysis at […]

The businessman stood on the road sign and watched the telescope
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Advisers question SimplyBiz membership amid rising costs and declining offerings

Advisers are questioning their membership of support service provider SimplyBiz in the wake of recent cost increases, saying the breadth of services offered is declining. Money Marketing understands adviser members were asked to provide their fee income details to SimplyBiz through a questionnaire earlier this year. SimplyBiz’s monthly subscription is currently set at a guaranteed-for-life cost […]

Focusing on money - Magnifying glass over British pound notes.

Investment fraud ringleader jailed over boiler room scam

A fraudster described as the “controlling mind” of a series of boiler room scams that lost investors more than £2.8m was sentenced to 11 years’ imprisonment on Friday. Michael Nascimento was called the “instigator and the main beneficiary” of the fraud. His sentencing follows the sentencing of five other people involved in the same fraud […]

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Jason Broomer: Putting philosophy behind fund selection

Fund managers with a solid investment philosophy can identify their edge and the environment in which they will flourish My last column highlighted the weakness in relying on past performance in fund selection (weakness is putting it politely). I then provided an overview of some of the more qualitative factors advisers should consider when analysing […]

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