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News

Managed solutions

Revealed: the funds on Skandia's Select List

Skandia has announced the full list of funds which will make up its Select range, following months of negotiations with fund groups.

clock 26 February 2013 •

Investment

Courtiers: UCIS ban is the one FSA move that will save people money

The Financial Services Authority's (FSA) proposal to ban the promotion of unregulated collective investment schemes (UCIS) to retail investors is the one move it has made which is likely to actually save people money, according to wealth manager Courtiers....

clock 26 February 2013 •

Regulation

Barrister sent to jail for tax fraud

A barrister convicted of tax fraud for failing to pay more than £600,000 in VAT was sentenced to three and a half years in prison today.

clock 26 February 2013 •

Managed solutions

Thorman: only a brave adviser uses tactical asset allocation

Fresh concerns among advisers about how the Financial Services Authority (FSA) may view their tactical asset allocation calls are helping to drive the growth of discretionary fund managers (DFMs), according to Ascentric chief executive, Hugo Thorman....

clock 26 February 2013 •

Your profession

BNY Mellon's Goodsir joins PFS as adviser

The Personal Finance Society (PFS) has announced that Scott Goodsir, managing director and head of wholesale for BNY Mellon Asset Management, has been appointed as an adviser to its board.

clock 26 February 2013 •

Income

PICA retirement directory will list IFAs, tied and bank advisers

The Pension Income Choice Association's (PICA's) adviser directory for retirement clients will list IFAs, restricted advice firms and bank advisers, it has confirmed.

clock 26 February 2013 •

Structured Products

FSA intervenes in 'unfair' structured product T&Cs

Investec Bank and Morgan Stanley have both modified their structured products terms and conditions after the Financial Services Authority (FSA) found terms in both were potentially ‘unfair' to clients.

clock 26 February 2013 •

Adviser tips

Rayner Spencer Mills launches fund profile service

Rayner Spencer Mills, fund rating and independent research company, has extended its range of specialist services with the launch of a new in-depth fund profile service.

clock 26 February 2013 •

Economics / Markets

Eurozone fears reignite on Italian election shock

European bond and stock markets saw a sharp sell-off on Monday after a shock result from the Italian election, where no political group managed to win a majority vote.

clock 26 February 2013 •

Wrap/platforms

Cofunds backs down over re-reg policy after outcry

Cofunds, the UK's largest platform, has backtracked on its unpopular policy on re-reg after an outcry from peers and advisers.

clock 26 February 2013 •
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