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News

Investment

FSA urged to force firms to 'novate' clients they can not service

Firms unable to show they can provide an ongoing service to the clients of an exiting adviser should be forced to let the adviser leave with them, 2plan Wealth Management CEO Chris Smallwood says.

clock 15 April 2010 •

Your profession

Consumer confidence takes a plunge

UK consumer confidence took a dramatic hit in March, according to Nationwide.

clock 15 April 2010 •

Wrap/platforms

Transact adds Saltus model portfolios to platform

Advisers on the Transact platform have been given access to Saltus discretionary fund management services.

clock 15 April 2010 •

Investment

Cautious Managed funds dominate Cofunds Q1 sales

The Cautious Managed sector continues to dominate inflows on Cofunds, accounting for nearly a third of net sales in Q1, with property also prominent.

clock 15 April 2010 •

Individual Protection

Life providers warn IFAs of a product-lite decade

IFAs expecting a decade heavy with new protection offerings could be disappointed, as providers plan to focus on adviser education not "churning" products.

clock 15 April 2010 •

Economics / Markets

Morning Markets: FTSE higher as China posts strong growth

The FTSE has made modest gains in early trading, boosted by the buoyant performance of US stocks yesterday and strong economic data from China.

clock 15 April 2010 •

Your profession

Quotes of the week: An Election 2010 special

Clegg finally arrives, Cameron gets heated, Brown mentions a terrorist atrocity...

clock 15 April 2010 •

Economics / Markets

Election 2010: £30bn hole in party pledges - papers

Britain's three main political parties all have a £30bn hole in their manifestos that will have to be plugged with huge tax rises or spending cuts after the election, according to Financial Times calculations based on their policy pledges.

clock 15 April 2010 •

Economics / Markets

Bernanke: US staging 'moderate' recovery

Federal Reserve chairman Ben Bernanke has once again allayed fears of a double-dip recession saying the US is staging a "moderate economic recovery".

clock 15 April 2010 •

Your profession

IFA says unity will triumph in FSA legal immunity fight

An IFA is calling for the financial advice community to unite in condemnation against the FSA's immunity from civil action.

clock 14 April 2010 •
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