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Liability worries hinder adviser mass-market plans

Just 8 per cent of financial advisers are planning new services for mass-market consumers in 2016, according to Sesame Bankhall. In a survey of 222 financial advisers, Sesame found the overwhelming majority who are not intending to launch new services for lower wealth customers blame liability issues. Some 94 per cent say there needs to […]

Pru appoints UK chief exec

Prudential has appointed John Foley as chief executive of its UK and Europe business and made him an executive director of the group. Foley, who has held the role on an interim basis followed Tidjane Thiam’s departure in 2015, joined Prudential in 2000 as deputy group treasurer. He subsequently held positions including group treasurer, group […]

Bestinvest spot the dog 07/14

Who topped the Tilney Bestinvest Spot the Dog list?

Aberdeen Asset Management has topped Tilney Bestinvest’s Spot the Dog list of underperforming funds with 18 funds. The list, which identifies funds that have underperformed for three consecutive years and by more than 10 per cent over three years, includes Aberdeen’s £1.1bn Asia Pacific Equity fund and 10 other from the group. However, Aberdeen is also the underlying manager of […]

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