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Unbiased will stick with independents only says it will continue to list only independent financial advisers after the RDR.

Chief executive Karen Barrett says: “I am not surprised to see that the trade body representing advisers is adapting to changes in the adviser market prompted by the RDR.

“Unlike Aifa, Unbiased. represents the interests of consumers, focusing on educating them on the financial advice options available and helping them to get access to the best IFA for their needs through our postcode search. We currently have no plans to list other advice forms on this search.”

Lucian Camp Consulting principal Lucian Camp believes that Aifa’s decision to allow restricted advisers to become members does not pose a problem in getting the message out about the need for advice.

He says: “This will have relatively little impact on Aifa’s position with consumers and the consumer media.”


Equus buy takes Moneygate adviser numbers to 100

Moneygate Group has bought City of London IFA Equus Independent Financial Management. The deal sees 37 Equus advisers and 34 staff move across to Moneygate, increasing its total adviser number to about 100. The acquisition increases Moneygate’s funds under influence from £1bn to £2bn. Equus managing director Paul Fife has been appointed Moneygate Greater London […]

The structured products challenge: Ian Lowes vs IMA

The Investment Management Association has accepted a challenge from IFA Ian Lowes to compare a portfolio of five structured products to a tracker of the IMA’s choosing. The move comes after the IMA released a report in April which compared index trackers with National Savings & Investments guaranteed equity bonds. The IMA found tracker funds […]

Threadneedle boosts US equities team with two hires

Threadneedle has appointed Diane Sobin as a fund manager and Nafis Chowdhury as an analyst to its London-based US equities team.  The US equities team lost two managers earlier this year, with the departure of Andrew Holliman, who was running the Threadneedle American fund, and Richard Wilson, who managed a number of institutional mandates.  Sobin […]

Industry supports 10 year notice period for state pension changes

The Government looks set to give people 10 years notice of changes to their state pension age as part of proposals to introduce a more automatic mechanism to determine future SPA increases. The DWP’s green paper on state pension reform, published on April 4, put forward two options for linking the state pension age to […]

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What price (more) freedoms?

George Osborne will make his last Budget speech of the current parliamentary term this week, and the early media briefings suggest that pensions will again feature heavily in that statement. So what are we able to learn from the weekend’s coverage?


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