View from the top: M&G’s Alex Matcham on people power
Alex Matcham, head of UK wholesale distribution at M&G Investments, discusses what makes a good salesperson and the rise of ‘mega wealth firms’
Alex Matcham, head of UK wholesale distribution at M&G Investments, discusses what makes a good salesperson and the rise of ‘mega wealth firms’
Account fees will be 0.15% capped at £375 annually
All staff will be protected as they move to acquiring company
The UK self-invested personal pension (Sipp) market is expected to grow by £1.9bn a year to 2020 despite rising customer complaints, according to the latest research by GlobalData.
A UK law firm is representing more than 100 clients in a multi-million-pound lawsuit against an introducer, a financial adviser and two Sipp providers over the miss-selling of a pension investment scheme.
A law firm has issued more than 30 cases against self-invested personal pension provider Liberty Sipp, claiming it is the biggest lawsuit ever taken against the provider.
The Pensions Ombudsman has not upheld a complaint from a client and ex financial adviser accusing AJ Bell of poor service, negligence, maladministration and misconduct, which saw the investment firm take the “unprecedented decision” to end its relationship with him.
Online savings firm AJ Bell has reported rapid growth in its revenues after it added almost 12,000 customers in the space of six months.
Alliance Trust has bought Brewin Dolphin’s execution-only Stocktrade business for £14m pounds in a bid to further strengthen its position as a platform provider.
Saunderson House is to roll out a discretionary management service by the end of 2015, the firm announced in its interim management statement.
Royal London Asset Management has reported net new business inflows of £111m, down significantly from £902m reported at the same time last year.
Two former directors of failed financial advisory firm TailorMade Independent (TMI), which advised clients on self-invested personal pension (SIPP) transfers into troubled overseas property company Harlequin, have been banned by the Financial Conduct Authority (FCA).