AJ Bell
FCA rejects demand to review point of sale disclosure
Calls for a review of the complex and lengthy disclosure documents clients receive at the point of sale (POS) have been rejected by the Financial Conduct Authority despite the regulator admitting that customers can get confused.
Investment | 15 Aug 17
Time to clear out the clutter of small funds?
Small and expensive, are funds that have failed to hit £10m ($13m, €11m) in assets just clogging up the investment universe?
US equities soar on Fed’s dovish sentiment
The US equity market hit new highs, but bond yields are expected to fall after the US Federal Reserve voted to keep rates on hold at its latest meeting.
Qrops market suffers big hit, further falls expected
The number of Qrops transfers in the last financial year dropped to the lowest level since 2010/11 and is expected to fall further on the back of the UK Government’s 25% charge, as the amount of money accessed via the pensions freedoms hits a record high.
PEOPLE MOVES: Vanguard, Aberdeen, AJ Bell
Vanguard has identified its new chief executive, while Aberdeen Asset Management has appointed a head of Luxembourg and named two heavy-hitting independent non-executive directors to the board of Aberdeen Life. AJ Bell has a new technical director.