Lloyds reported sales through its intermediary channel fell 35% in 2009 contributing to a 26% drop for UK life, pensions and investments sales to £12.97bn.
Insight Investments has announced around 120 jobs will be lost by March 2010, following the migration of its assets to SWIP and BNY Mellon.
Britons do appear to be more concerned with sorting out or managing their debts than with investing, suggests research published by Insight Investment.
Britons do appear to be more concerned with sorting out or managing their debts than with investing, suggests research published by Insight Investment.
The biggest criticism of investing in multi-manager funds has been that they systematically underperform their relevant benchmarks.
Do you really know how a fund of funds or manager of managers investment works, how to compare funds TERs and performance, and when such investments might best suit your clients?