Schroders is considering Oeicing its range of unit trusts but as yet no firm decisions have been ma...
Schroders is considering Oeicing its range of unit trusts but as yet no firm decisions have been made. This follows the news that the group has signed an agreement with International Financial Data Services (IFDS) to outsource its UK-based authorised unit trust administration. The move is part of an ongoing programme by Schroders to deliver increased shareholder value through efficient and cost-effective operations as well as to maintain the focus on its core business of investment management. The contract term is for six years and will become effective in the first half of 2003.
Record numbers of people aged 90 plus
'Integral part' of the financial planning process for many advisers
Proposals outlined at Labour Party conference
'Process usually takes 5-10 days'
Finance industry working to stop fraud