On the tenth anniversary of FundsNetwork, Fidelity managing director of UK defined contribution and retail Gary Shaughnessy talks to Katrina Baugh about what the future holds for the platform.
Fidelity has appointed Pete Burtonshaw as head of platforms with overall responsibility for both FundsNetwork and the DC propositions.
Fidelity plans to gradually develop a more holistic proposition uniting the retail and corporate parts of its platforms.
The Government is to develop a new range of 'simple' products to help encourage saving but says it has learnt from the mistakes of the past.
Equity release sales jumped 22% in the first half of 2010 to £454.99m compared to same period last year, according to Key Retirement Solutions (KRS).
The FSA has taken regulation into unchartered territory with unknown consequences for the shape and effectiveness of the UK mortgage market, warns IMLA.
Legal & General Investment Management's Mark Burgess has joined Threadneedle as chief investment officer.
Homemovers in May saw their mortgage payments account for the lowest proportion of their income in 35 years, according to the CML.
Rogue sale and rent back (Sarb) firms are continuing to operate despite new regulations being introduced at the start of the month.
Private equity firm JC Flowers has stepped in to help the embattled building society sector by setting up a rescue deal for Kent Reliance.