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Author profile

Alasdair Pal

Articles by Alasdair Pal

Wrap/platforms

Standard Life: RBS tie-up will not affect our IFAs

Standard Life says its five-year distribution deal with the Royal Bank of Scotland (RBS) will not target bank customers with IFAs.

clock 12 October 2012 •

Wrap/platforms

Skandia hit by delays after Honister pile-up

Investment platform Skandia has taken on temporary staff to deal with an estimated "ten-fold" increase in workload following the administration of Honister Capital.

clock 11 October 2012 •

Structured Products

Barclays launches six on-platform structured products

Barclays has launched its latest round of FTSE autocall structured products with a number of platforms and self-invested personal pension (SIPP) providers.

clock 10 October 2012 •

Your profession

Connaught administrator under investigation by accountancy body

The administrator of Connaught Asset Management is under investigation by an accountancy body for alleged misconduct in a separate case involving high street fashion chain Miss Sixty.

clock 10 October 2012 •

Global

Network to redress clients after Stirling Mortimer ruling

The Financial Ombudsman Service (FOS) has ordered network Pi Financial to compensate two clients it recommended invest in an unregulated collective investment scheme (UCIS).

clock 10 October 2012 •

Wrap/platforms

Novia offers first commercial property SIPP

Novia is to allow commercial property onto the wrap for the first time, in a bid to compete with specialist self-invested personal pensions (SIPPs).

clock 09 October 2012 •

Wrap/platforms

Parmenion passes £500m AUA

Parmenion's platform has passed £500m of assets under administration, with monthly inflows quadrupling year-on-year to £30m.

clock 09 October 2012 •

Your profession

Threesixty enters paraplanner market with stake in The Timebank

Support services provider threesixty has bought a 25% stake in outsourced paraplanner service The Timebank.

clock 09 October 2012 •

Investment

HMRC to publish guidance on VAT payment for DFMs

HM Revenue & Customs (HMRC) is to publish further guidance on whether discretionary fund managers should be eligible for VAT payments.

clock 09 October 2012 •

Your profession

PosSol owner Aegon pledges 'full support' for group

Aegon has declared its "full support" and confidence in the future of its national IFA brand, Positive Solutions, despite a number of high-profile departures and disruption caused by an exit clause introduced last year.

clock 08 October 2012 •
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