View more on these topics

What would Misys be selling?

I refer to the back page story, Misys “open to offers”for its IFA business (Money Marketing, April 4).

What does Misys really think it is selling when it refers to its IFA business?

In reality, the advisers are the business and, if Misys thinks it can “sell” us, without any benefit to us and with the distinct possibility of losing our independent status, it is very wrong.

This scenario also presumes that the better than best rules no longer apply, which at present is not the case.

I would suggest that, once there has been clarification of CP121, then all rational and honest independent advisers will want to leave any organisation linked by Misys.

Name and address supplied


Friends boosts bond allocation by 2% for online applications

Friends Provident is offering an increased allocation of up to 2 per cent for new lump sum investments of £10,000 or more into its portfolio bond.The offer is open until June 30. Investments between £5,000 and £9,999 will get the normal allocation of 101.75 per cent. Investments over £10,000 get an allocation rate of 102.75 […]

R&SA sets up net gateway to services

Royal & Sun Alliance has launched a new internet service for intermediaries and business partners to give them a single gateway to the company’s range of products and services. Brokers previously had to access different sites and remember different passwords. Through, intermediaries can go straight to R&SA’s commercial, personal, life and pensions and healthcare […]

Independent view

“Either this patient is dead or my watch has stopped,” was one of Groucho Marx&#39s many immortal lines. I am beginning to feel the same is true of the stockmarket recovery as it seems long, long overdue.More important, is that what the private investor is beginning to think? This somewhat dismal possibility was brought home […]

Chelsea offers two-year fix as lending plunges

Net lending at Chelsea Building Society plunged by almost £60m last year to £471m from £528m in 2000.The society blames the fall on it not being active in the remortgaging market, which has increased significantly in recent years.Despite this, Chelsea says remortgaging made up 38 per cent or £179m of its overall lending compared with […]

The FCA’s five fixes for retirement information

The Financial Conduct Authority (FCA) has started to change the way that people will be told about their pension options. In a recent market study paper, they lay out their final proposals on the information that should be delivered to people approaching retirement and how it should look and feel. During 2015, there will be […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm