Industry
Best Practice | 17 Jul 18
Model portfolio risk labels ‘dangerously naive’
The UK’s Financial Conduct Authority has taken aim at risk-targeted model portfolios in its platforms study, which has sparked calls for platform providers to re-evaluate “subjective” branding and the amount of information they disclose.
Pacific Asset Management partners with UK advice firm
The asset management arm of Pacific Investments Group has entered into a strategic partnership with financial advice business Chartered Financial Management (CFM(UK)).
Blackrock and Schroders frontrunners for £109bn Lloyds mandate
Asset managers Blackrock and Schroders are the rumoured frontrunners to oversee £109bn ($144.3bn, €123.5bn) for Lloyd’s Banking Group (LBG), after its contract with Standard Life Aberdeen was terminated earlier this year.
Best Practice | 16 Jul 18
Seven steps for better platform client outcomes
From banning exit charges to drawing on the platform industry to tackle orphan clients, the Financial Conduct Authority has outlined seven remedies to improve consumer outcomes.
Taking a hedge fund mentality to online wealth management
Negativity around robo and investment technology a few years ago prompted former hedge fund executives Ian Cadby and Jonathan Wauton to get into the online wealth management space, culminating in the launch of platform Tiller on Monday.