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News

Investment

Principal acquires Iain Nicholson IM for Northern expansion

Principal Investment Management has acquired discretionary investment manager Iain Nicholson Investment as it expands its presence in the regions.

clock 04 September 2012 •

RDR

Berry readies for RDR with Managed Portfolio Service

Berry Asset Management has unveiled a lower cost investment proposition in preparation for the Retail Distribution Review (RDR).

clock 04 September 2012 •

Economics / Markets

PM to continue Cabinet reshuffle

The Prime Minister is set to continue his Cabinet re-shuffle on Tuesday after appointing Andrew Mitchell, former International Development Secretary, as his new chief whip.

clock 04 September 2012 •

Protection

The age to start making long-term financial provision is...

British adults have reported that 28 is the age to begin building long-term financial provisions, Bright Grey has said.

clock 04 September 2012 •

RDR

FCA 'to widen commission ban'

The Financial Conduct Authority (FCA) will lay down a marker to the financial services industry by widening the scope of the incoming commission ban on retail investment sales, according to a report in The Independent.

clock 04 September 2012 •

uncategorised

Tribunal backs regulators' ban on Freedom SIPP directors

Two directors of self-invested personal pension outfit The Freedom SIPP have lost their legal battle to appeal against being banned from acting as trustees by two financial watchdogs.

clock 03 September 2012 •

ETFs

BlackRock's iShares plans six new hires ahead of RDR

BlackRock's ETF arm iShares plans to hire at least six people for its UK-based business to prepare for the Retail Distribution Review (RDR).

clock 03 September 2012 •

Economics / Markets

Key Lighthouse shareholder withdraws board shake-up demand

David Hickey's departure from Lighthouse Group has resulted in a significant investor withdrawing a demand for its board to be restructured.

clock 03 September 2012 •

RDR

Standard Life launches client RDR guide

Standard Life has partnered with a number of trade bodies to launch a Retail Distribution Review (RDR) guide for advisers to help their clients understand the changes.

clock 03 September 2012 •

Fixed Income

Schroders targets 8%+ yield with Global Macro Bond fund

Schroders is to launch a Global Macro Bond fund for Bob Jolly, a long/short fixed income vehicle targeting a yield of LIBOR plus 8%.

clock 03 September 2012 •
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