The House of Lords economic affairs committee has called for macro-prudential supervision to be given to the Bank of England’s financial stability committee rather than left with the FSA.In its Regulation and Banking Supervision report, published this week, the Lords committee says the BoE financial stability committee should have “direct access to the information req-uired […]
By Rob Burnett, Neptune European Opportunities Fund
In recent months, investors have become more pessimistic about both the European and the US economic outlook and yet stockmarkets have pushed on to new highs. Some would argue that this is a worrying divergence. We would take the opposite view. This appears to be classic bull market behaviour. A wall of worry has been rebuilt, and stockmarket resilience should be taken as a sign of strength. The market is discounting an improving economic outlook ahead, particularly in the south of Europe.
Increasing regulatory requirements and the quest for greater efficiency are leading more advice firms to bring in outside expertise A combination of regulation, legislation and improvements in technology are encouraging advisers to develop more rigorous and consistent processes. Recent research we undertook found over two-thirds of advice firms now operate a centralised investment proposition, showing […]
I have always been very pleased to count myself as one of the contributing IFAs here at Money Marketing. I find the whole process of writing this column thoroughly enjoyable and more than a little cathartic. However, I also feel quite a weight of responsibility, which sometimes makes writing certain pieces a little difficult. Just like […]
The joint advice venture between asset manager Schroders and Lloyds Banking Group will exclusively use the Fusion Wealth platform, the firm has revealed. Lloyds and Schroders recently announced they were joining forces to form a new financial planning business, including taking on around £13bn of Lloyds clients’ assets that were previously held in a mandate with […]