SJP aiming to ‘improve perception’ and become more attractive to advisers
Chief executive Mark FitzPatrick made the comments alongside its final results
Industry
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PEOPLE MOVES: Schroders, 7IM, IIMI
The firm has appointed Oliver Gregson
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Top five advice platforms account for 129% of net flows
Quilter finished the year with the highest net sales, at £5.6bn
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Dynamic Planner adds Aubrey Citadel Fund
Part of a £65m strategy managed by Jon Gumpel
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Royal London takes £4.6bn SJP mandate from Columbia Threadneedle
The SJP Strategic Managed fund has been managed by Columbia Threadneedle since 2014
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Ascot Lloyd restructures pricing
The new tiered structure is based on total funds under management
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Rathbones: Pre-tax profits rise by 72.9% in annual results
Underlying profit before tax jumped from £127.1bn to £227.6bn, marking a 79.1% increase
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Morningstar: Eltifs ‘a growing breed’ but fund selectors warned on fees and returns
Eltifs ‘unlikely to harvest the same hefty illiquidity premiums’ as trusts
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Schroders appoints Wealth Management CEO
Oliver Gregson will take over from Mary-Anne Daly in June 2025
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Abrdn investment manager launches Buckingham Research investment consultancy
Buckingham Research aims to help IFAs manage outsourced and in-house investment solutions
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FCA says most advisers delivering but some still need to ‘put things right’
The regulator has looked at data from 22 of the largest firms
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Quilter: Outsourced investments through DFM and MPS climb to almost half of platform assets
Proportion of adviser-managed assets drop by over 10 percentage points