Peter Mann steps down from Old Mutual Wealth
Peter Mann, vice-chairman of Old Mutual Wealth has announced his retirement from the business to pursue other challenges.
Skandia
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Skandias WealthSelect fund prices disclosed
After first unveiling the restricted range of 56 funds, Skandia has now disclosed the annual management charge on these.
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Skandia unveils WealthSelect range
Skandia publishes WealthSelect researched funds list and launches free discretionary service
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Millard to exit Skandia
Skandias James Millard will be leaving the firm as the managed portfolio service of Wealth Select is taken over by John Ventre and his team.
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pa opinion cofunds revenue sources
For a business that does not give investment advice, does not design or manage portfolios, does not make asset allocation decisions and does not run any money, Cofunds has an extraordinary influence on the rest of the UK investment world.
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adviser confidence in global economy falls
Financial advisers’ confidence in the global economy has fallen in the second quarter of 2013 for the first time in twelve months, according to Skandia International’s latest survey.
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Nearly half of advisers already scrutinising
Almost two-thirds of advisers will carry out further platform due diligence following the FCA’s platform paper, and of those 44% have already started to do so.
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pa analysis deloitte platform meaningless
The latest comment on the investment industry's consolidation has been targeted at platforms, with Deloitte suggesting a drastic reduction in the number of providers by 2018.
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Platform competition hots up
The largest platforms have lost 20% of their market share over the past three years with the top five now accounting for 70% of total platform business, compared to 90% in 2010.
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Morningstar launches managed portfolio service
Morningstar Investment Management has launched a managed portfolio service for UK advisers, offering five risk/reward options available via the Skandia platform.
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RDR is double edged sword for Old Mutual
Old Mutual Asset Management (OMAM) reported flat net flows of £0.4bn for the first quarter of the year, due in large part to outflows from Skandia Nordic.
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RDR is double-edged sword for Old Mutual
Old Mutual Asset Management (OMAM) reported flat net flows of £0.4bn for the first quarter of the year, due in large part to outflows from Skandia Nordic.