Zurich has added 27 funds to its pension fund range, bringing the total to over 100. Funds from 10 new companies are now available, including Invesco Perpetual, Artemis and New Star.
Investors do not realise that they can have a say over how commission is allocated, according to a free guide from Investor Connections. Managing director Matthew Morris says investors begrudge paying commission of 7.5 per cent on investment bonds but few realise they reach an agreement with an adviser. The guide, The Generosity of Insurance […]
Former Scottish Life sales director Jim Gilchrist has died of a heart attack at the age of 63. Gilchrist retired from Scottish Life in 2003 after 35 years with the company, joining in 1968 as a Glasgow branch manager. Known as one of the industry’s personalities, Gilchrist took a keen interest in financial services issues. […]
Octopus Asset Management is looking to raise up to 60m for its twin structure venture capital trusts, Eclipse 3 and 4 VCT.
Clerical Medical financial services sales director Graeme Riddoch is moving within the HBOS group in a restructure of the intermediary division. The review was instigated by Clerical parent firm HBOS which has changed Riddoch’s former role. Clerical director of market development Keith Gilmour will take on Riddoch’s workload in the new role of director of […]
Jelf Employee Benefits closely examines healthcare provision and challenges within Nigeria. This will be of particular interest to HR decision makers with employees based in Nigeria, and assesses the environment, risks, facilities and safeguards that are relevant to organisations that are actively deploying expatriate staff in this location.
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]