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News

Your profession

MPs slam RDR as 'fiasco' in need of urgent rethink

MPs have branded the RDR an over-budget ‘fiasco' with a string of unintended consequences, and suggested it needs a re-think before implementation.

clock 19 October 2010 •

Your profession

Park Row's Shakespeare joins Brooks Macdonald

Former Park Row sales and marketing director Carey Shakespeare has joined Brooks Macdonald Asset Management (BMAM) as head of marketing.

clock 19 October 2010 •

ETFs

ETF servicing increases in complexity

Servicing ETFs is becoming more complex as the market continues to grow in popularity and as the number of funds on offer rises, State Street says.

clock 19 October 2010 •

UK

Hendry hits out at Hargreaves after 'mystifying' axe from 150

Hugh Hendry has hit out at Hargreaves Lansdown for axing his Eclectica Agriculture fund from its Wealth 150 list, labelling the group's reasons for removing the fund as ‘mystifying'.

clock 19 October 2010 •

Your profession

CII: Simply 'read a pamphlet' to be RDR compliant

The "most arduous" thing qualified advisers are likely to have to do to be RDR compliant by 1 January 2013 is "read a chapter in a textbook", the CII says.

clock 19 October 2010 •

Wrap/platforms

New wealth management platform targets HNW market

Societe Generale Private Banking (SGPB) Hambros has launched a new platform for intermediaries offering investment and private banking support for high net worth clients.

clock 19 October 2010 •

uncategorised

Just Retirement sales up 33%

Just Retirement's group sales hit £1bn for the first time during the year ending June 30 2010, which is a 33% year-on-year increase.

clock 19 October 2010 •

ETFs

Swiss exchange unveils new ETP segment

The SIX Swiss Exchange has launched its new exchange-traded product (ETPs) segment, allowing for the listing of collateralised exchange-traded securities in a section separate to ETFs.

clock 19 October 2010 •

Economics / Markets

FTSE flat ahead of Spending Review

London recovered from an early blip in early trading on Tuesday as investors get ready for tomorrow's comprehensive Spending Review.

clock 19 October 2010 •

Investment

Older women have just £38k in pension pot

Women aged over 51 have accrued less than £38,000 on average in retirement savings, compared to almost £55,000 saved by men, a new report warns.

clock 19 October 2010 •
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