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Malcolm Kerr: The keys to high standards

Building a culture of high standards is crucial for business success. Take it from one of the world’s most successful companies This time last year, I wrote about Amazon chief executive Jeff Bezos’s letter to the firm’s shareholders. It focused on his belief businesses need to treat every day as “day one”. He wrote: “Hold on to day […]

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SJP fund changes put segregated mandates under the spotlight

Experts are debating whether the segregated mandate model is coming under pressure as one its most prominent users, St James’s Place, makes a raft of fund manager changes. In January, SJP replaced Axa Investment Management as the manager of its £3bn Balanced Managed Unit Trust after 11 years running the mandate, replacing it with US-based […]

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FCA seeking tax advice on Connaught redress

Investors who lost money after the collapse and suspension of the Connaught Income Fund in 2012 will now have to wait for the FCA to seek specialist tax advice before redress payments can be distributed. Although administrators Duff & Phelps have now received previously missing data needed to complete the redress calculations, the regulator has […]

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